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...influence on the study of international trade began with his graduate thesis at the University of Michigan. In that paper, he built a conceptual framework for international trade that focused on decisions of individual firms and their entrance into the market. Melitz’s firm-level approach to international trade has provided a way to predict aggregate trade flows, which Antràs said “have been confirmed in the data and were highly non-intuitive given the frame of models that we used to work with.” That approach...

Author: By Noah S. Rayman and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERS | Title: Melitz Returns To Econ Dept. | 5/8/2009 | See Source »

...didn't work, however, on the presidential level in 1996. Bill Clinton overwhelmingly won the African-American vote, and no national Republican since then has staked such a bold claim to black support. President George W. Bush appointed the first black Secretary of State, the highest ranking cabinet position, but gained little following in the black community. Senator John McCain barely tried in last year's race against the first black presidential nominee...

Author: /time Magazine | Title: Jack Kemp: Running a Very Different Republican Race | 5/8/2009 | See Source »

...adds special features to the typical program. These include a visual progress chart that keeps track of completed lessons, a score projector that calculates the actual expected test score based on aggregate performance, and even a “confidence calibrator” that allows users to indicate the level of confidence in their answers. “It hones your ability to decide whether to risk answering a question or not,” says Shah.Although the Web site does not offer live support through video or chat, Shah does maintain 24-hour e-mail support for users...

Author: By H. Zane B. Wruble, CRIMSON STAFF WRITER | Title: Prepping for the Big Leagues | 5/7/2009 | See Source »

...prime minister, Benjamin Netanyahu, sees things differently. Netanyahu has until now resisted the idea of an independent Palestinian state, arguing that the Palestinians should enjoy self-governance but without full sovereignty, because that would put Israel at risk. Anyway, he argues, the Palestinians' governance, security capability and level of economic development currently make talk of statehood hypothetical. Hamas rules Gaza and threatens the West Bank, where the Palestinian Authority of President Mahmoud Abbas is increasingly weak. (See pictures of the recent Gaza...

Author: /time Magazine | Title: Obama and His Troublesome Allies | 5/7/2009 | See Source »

...familiar for many Afghans. Last August in Herat province, which borders Farah to the north, Afghan and U.N. officials found evidence that up to 90 civilian had perished in a U.S. operation. The military initially disputed the findings, saying no civilians had died, only Taliban. But after a high-level investigation, widespread protests and heavy pressure from President Karzai, the military revised the civilian death toll to 33. In the aftermath, McKiernan issued a directive that commanders in the field err on the side of caution when fighting near populated areas, opting for disengagement rather than hot pursuit...

Author: /time Magazine | Title: Losing Hearts and Minds and Lives in Afghanistan | 5/7/2009 | See Source »

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