International Trade and Investment.

Members of the NBER's International Trade and Investment Program met December 6-7 at Stanford University. Program Director Stephen J. Redding or Princeton University organized the meeting. These researchers' papers were presented and discussed:

* Dominick G. Bartelme and Ting Lan, University of Michigan, and Andrei A. Levchenko, University of Michigan and NBER, "Specialization, Market Access and Real Income"

* Joseph S. Shapiro, University of California, Berkeley and NBER, "The Environmental Bias of Trade Policy"

* Andres Rodriguez-Clare, University of California, Berkeley and NBER; Mauricio Ulate, Federal Reserve Bank of San Francisco; and Jose P. Vasquez, University of California, Berkeley, "New-Keynesian Trade: Understanding the Employment and Welfare Effects of Sector-Level Shocks"

* Nezih Guner, CEMFI; Alessandro Ruggieri, Universitat Autonoma de Barcelona and Barcelona GSE; and James R. Tybout, Pennsylvania State University and NBER, "Trade, Offshoring, and the Job Ladder"

* Costas Arkolakis and Michael Peters, Yale University and NBER, and Sun K. Lee, Columbia University, "European Immigrants and the United States' Rise to the Technological Frontier in the 19th Century"

* Bradley Setzler, University of Chicago, and Felix Tintelnot...