TDPE presents: Cecelia Fieler

Fieler developed a Ricardian model of trade with non-homothetic preferences, a continuum of vertically-differentiated goods and an arbitrary number of countries. She finds conditions under which unit prices increase with exporter and importer per capita income and rich countries demand relatively more goods from other rich countries. Systematic patterns of demand arise under much more restrictive conditions than patterns of supply. Product cycles that occur within industries in quality levels cannot be observed. Fieler uses data on bilateral trade of approximately 160 countries in 13 years (1995 to 2007) to document systematic patterns within product categories. A 10% increase in income per capita is associated with a 1.6% increase in export prices and a 0.6% increase in import prices. The average income per capita of suppliers to the country increases by 0.6%. Ana Cecilia Fieler joined University of Pennsylvania as an Assistant Professor of Economics in Fall 2009. Prior to joining Upenn, Professor Fieler worked as a Visiting Fellow at the Princeton University and the Federal Reserve Bank of New York. Her research interests are in international trade and development economics. Professor Fieler received her B.S. in Mechanical Engineering from Fac. Engenharia Industrial in Brazil, her M.A. from Universidad Autónoma de Barcelona in Spain, and her Ph.D. in Economics from the New York University.