Felipe Benguria

Associate Professor and
C. M. Gatton Endowed Professor of Economics
Department of Economics
Gatton College of Business and Economics
University of Kentucky
Email: [email protected]
CV: [pdf] (updated Oct. 2024)
@GoogleScholar
Most recent website update: March 9, 2025
Publications
- 14] Trade Invoicing Currencies and Exchange Rate Pass-through: The Introduction of the Euro as a Natural Experiment, with Rodrigo Wagner. Journal of International Economics; Vol. 150, July 2024. [LOCAL PDF] [LINK TO JOURNAL]
- 13] Escaping the Trade War: Finance and Relational Supply Chains in the Adjustment to Trade Policy Shocks, with Felipe Saffie. Journal of International Economics; Vol. 152, November 2024. [LOCAL PDF] [LINK TO JOURNAL]
- 12] The Transmission of Commodity Price Super-Cycles, with Felipe Saffie and Sergio Urzua. NBER Working Paper No. 24560. Review of Economic Studies; Vol. 91, Issue 4, July 2024. [LOCAL PDF] [LINK TO JOURNAL]
- 11] The Impact of NAFTA on U.S. Local Labor Market Employment. Forthcoming, Journal of Human Resources. [LOCAL PDF] [LINK TO JOURNAL]
- 10] Decomposing the Effect of Trade on the Gender Wage Gap, with Josh Ederington. Canadian Journal of Economics, Vol. 56, Issue 3, August 2023. [LOCAL PDF] [LINK TO JOURNAL]
- 9] The Global Impact of the U.S.-China Trade War: Firm-level Evidence. Review of World Economics; Vol. 159, Issue 4, November 2023. [LOCAL PDF]
- 8] Productivity and Trade Dynamics in Sudden Stops, with Hidehiko Matsumoto and Felipe Saffie. Journal of International Economics; Vol. 139, November 2022. [LOCAL PDF] [LINK TO JOURNAL]
- 7] Do US Exporters Take Advantage of Free Trade Agreements? Evidence from the US-Colombia FTA. Review of International Economics; Vol. 30, Issue 4, September 2022. [LOCAL PDF] [LINK TO JOURNAL]
- 6] Anxiety or Pain? The Impact of Tariffs and Uncertainty on Chinese Firms in the Trade War, with Jaerim Choi, Deborah Swenson, and Mingzhi Xu. NBER Working Paper No. 27920. Journal of International Economics; Vol. 137, July 2022. [LOCAL PDF] [LINK TO JOURNAL]
- 5] The 2020 Trade Collapse: Exporters Amid the Pandemic. Economics Letters; Vol. 205, Aug. 2021. [LOCAL PDF] [LINK TO JOURNAL]
- 4] The Matching and Sorting of Exporting and Importing Firms: Theory and Evidence. Journal of International Economics; Vol 131, July 2021. [LOCAL PDF] [LINK TO JOURNAL]
- 3] After the Panic: Do Financial Crises Cause Demand or Supply Shocks? Evidence from International Trade, with Alan Taylor. NBER Working Paper No. 25790. [Brookings] [Washington Center for Equitable Growth] [AIER]. American Economic Review: Insights; Vol 2, No. 4, Dec. 2020. [LOCAL PDF] [ONLINE APPENDIX] [LINK TO JOURNAL] [LONGER NBER VERSION]
- 2] Labor Earnings Inequality in Manufacturing during the Great Depression, with Nicolas Ziebarth and Chris Vickers. The Journal of Economic History; Vol 20, Issue 2, June 2020. [LOCAL PDF] [ONLINE APPENDIX] [LINK TO JOURNAL]
- 1] Firms and the Decline in Earnings Inequality in Brazil, with Jorge Alvarez, Niklas Engbom, and Christian Moser. American Economic Journal: Macroeconomics; Vol. 10, No. 1, Jan. 2018. [LOCAL PDF] [LINK TO JOURNAL] [SSRN]
Working Papers
- Spatial Linkages and the Uneven Effects of a Commodity Boom, with Felipe Saffie and Shihangyin Zhang. NBER Working Paper #33287. Submitted to Journal of International Economics special issue on Trade and Uneven Development. [LOCAL PDF]
- How to Grow an Invoicing Currency: Micro-Evidence from Argentina, with Dennis Novy. Forthcoming presentation at the NBER International Seminar on Macroeconomics, 2025.
- Beyond Tariffs: How did China's State--Owned Enterprises Shape the US--China Trade War?, with Felipe Saffie. [LOCAL PDF]
- Trade Credit and Relationships, with Alvaro Garcia-Marin and Tim Schmidt-Eisenlohr. Revise and Resubmit at the Journal of Financial Economics. [LOCAL PDF]
- The Impact of the 2018-2019 Trade War on U.S. Local Labor Markets, with Felipe Saffie. [LOCAL PDF]
- The Global Economy (EC370) (undergraduate level)
- International Trade (ECO 471) (undergraduate level)
- Industrial Organization (ECO 461) (undergraduate level)
- International Trade (ECO 772) (graduate level)
- International Finance (ECO 771) (graduate level)
Please find the materials for these courses on Canvas.