James Markusen

Distinguished Professor of Economics, University of Colorado, Boulder

James Markusen is a US native and earned his BA and PhD degrees in economics from Boston College.  His first position after graduate school was at the University of Western Ontario, 1972-1990.  In 1990, he moved to the University of Colorado, Boulder where he now holds the rank of University Distinguished Professor (emeritus).

Much of Markusen’s work involves endogenizing multinational firms' location and organization choices into general-equilibrium trade models.  He is particularly associated with the development of the horizontal model of multinationals, in which firms replicate many home activities in their foreign subsidiaries.  Another branch of his research focuses on the demand side of general equilibrium and shows how non-homothetic preferences help to explain a number of international trade and skilled-wage-premium puzzles.

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