Justin R. Pierce
Email: justin.r.pierce@gmail.com

Short Bio

I am an economist at the Federal Reserve Board of Governors.  My research focuses on U.S. firms engaged in or affected by international trade.  Prior to beginning my graduate studies, I worked in the private sector, advising domestic and foreign firms involved in antidumping and safeguard investigations.

This is a personal website.  Any results or conclusions in the research presented on this website are my own and do not necessarily represent the views of the Federal Reserve System.

You can visit my official website here: http://www.federalreserve.gov/research/staff/piercejustinr.htm

Employment

2015 - Present      Senior Economist, Federal Reserve Board of Governors
2011 - 2015         Economist, Federal Reserve Board of Governors
2009 - 2011         Economist, Center for Economic Studies, U.S. Census Bureau
2001 - 2003         Economic Analyst, Georgetown Economic Services, LLC

Affiliations

Member, Conference on Research in Income and Wealth
Special Sworn Status Researcher, U.S. Census Bureau

Education

2009   Ph.D., Economics, Georgetown University
2005   M.A., Economics, Georgetown University
2001   B.A., Economics, International Affairs, The George Washington University

Publications

The Surprisingly Swift Decline of U.S. Manufacturing Employment.  American Economic Review 106(7), pp. 1632-1662 (July 2016).  This is a revised version of NBER Working Paper (WP18655).  Published version and appendix.  Joint with Peter Schott. 

• Press coverage of this article: Washington Post (Wonkblog), 01/06/2013; Wall Street Journal (China Realtime Report), 01/07/2013; New York Times (Economix), 01/07/2013; Wall Street Journal (Marketwatch), 01/08/2013; International Herald Tribune, 01/09/2013; Wall Street Journal (Marketwatch), 01/14/2013; Washington Post (Wonkblog), 06/26/2014; Washington Post, 03/12/2015; Wall Street Journal, 04/29/2015; Bloomberg, 06/18/2015; New York Times, 07/08/2015.
  
• Slides for this paper are available here.

Antidumping Duties and Plant-Level Restructuring, Review of Industrial Organization 42 (4), pp. 435-447 (June 2013).  Invited Submission.  The published version is available here.

• Press coverage of this article: Washington Post (Wonkblog), 06/26/2014

Are All Trade Protection Policies Created Equal? Empirical Evidence for Nonequivalent Market Power Effects of Tariffs and Quotas, Journal of International Economics 89 (2), pp. 369-378 (March 2013).  NBER Working Paper (WP16391).  Joint with Bruce Blonigen, Benjamin Liebman and Wesley Wilson.  The published version is available here.

A Concordance Between U.S. Harmonized System Codes and SIC/NAICS Product Classes and Industries, Journal of Economic and Social Measurement, 37(1-2), pp. 61-96 (2012).  NBER Working Paper (WP15548).  Joint with Peter Schott.  Data Appendix.

Concording U.S. Harmonized System Codes Over Time, Journal of Official Statistics, 28 (1), pp. 53-68 (March 2012).  NBER Working Paper (WP14837).  Joint with Peter Schott. Data Appendix.

Plant-Level Responses to Antidumping Duties: Evidence from U.S. Manufacturers, Journal of International Economics, 85 (2), pp. 222-233 (November 2011).  This paper was briefly circulated under the title: "Spare the Rod, Spoil the Firm? A Plant-Level Analysis of the Effects of Temporary Protection."  The published version is available here.

• Press coverage of this article: Strategy and Business Magazine, 01/06/2012; Washington Post (Wonkblog), 06/26/2014

Working Papers

Trade Liberalization and Mortality: Evidence from U.S. Counties.  Joint with Peter Schott.

Does Trade Liberalization with China Influence U.S. Elections?  Joint with Yi Che, Yi Lu, Peter Schott and Zhigang Tao.  NBER Working Paper (WP22178).

Trade Policy and the Structure of Supply Chains.  Joint with Sebastian Heise, Georg Schaur and Peter Schott.

The Effect of Mergers and Acquisitions on Market Power and Efficiency.  Joint with Bruce Blonigen.

Trade Liberalization and International Sourcing of Inputs

Applied Research

Making Sense of Africa's Infrastructure Endowment: A Benchmarking Approach (April 2009), World Bank Policy Research Working Paper (WBPS4912).  Joint with Vivien Foster and Tito Yepes.

Productive Infrastructure and Logistics Services for Competitiveness (October 2006).  Joint with Tito Yepes.  Chapter in Infrastructure Service Provision in El Salvador: Fighting Poverty, Resuming Growth.

Costa Rica's Infrastructure: Contributor or Bottleneck to Growth? (September 2006).  Joint with Tito Yepes.  Chapter in Costa Rica Country Economic Memorandum: The Challenges for Sustained Growth.

Presentations by Paper

"Trade Liberalization and Mortality: Evidence from U.S. Counties" - Washington International Trade Group (1/21/2016); The World Bank (02/23/2016); U.S. Centers for Disease Control (02/25/2016); ERWIT Copenhagen (06/01/2016)

"Trade Policy and the Structure of Supply Chains" - University of Oregon (10/13/2015); Inter American Development Bank (06/17/2016)

"The Effect of Mergers and Acquisitions on Market Power and Efficiency" - Stanford RDC Conference (9/18/2015); Midwest Economic Association (04/02/2016); IIOC (04/16/2016)

"The Surprisingly Swift Decline of U.S. Manufacturing Employment" - Georgetown University (10/24/2014); Renmin University of China (04/25/2014); Shanghai University of Finance and Economics (04/22/2014); Syracuse University (12/2/2013); University of Richmond (11/18/2013); Empirical Investigations in International Trade, University of Virginia (10/19/2013); Comparative Analysis of Enterprise Data (09/18/2013); NBER Summer Institute - International Trade and Investment (07/11/2013); CESifo Conference on the Economics of Firm Exporting (04/26/2013); University of Hong Kong (02/27/2013); U.S. International Trade Commission (02/21/2013); The George Washington University (02/12/2013); Washington, DC International Trade Research Group (01/31/2013); Southern Economic Association (11/21/2011); Council of Economic Advisors, Executive Office of the President (07/07/2011); Georgetown Center for Economic Research (06/02/2011); Federal Reserve Bank of Minneapolis (05/13/2011); Advances in International Trade: Trade Empirics (11/19/2010); Center for Economic Studies (10/21/2010).

"Are All Trade Protection Policies Created Equal? Empirical Evidence for Nonequivalent Market Power Effects for Tariffs and Quotas" - University of Wisconsin Milwaukee (04/27/2012); University of Wisconsin Whitewater (04/25/2012); University of Virginia (08/31/2011); Southern Economic Association Meetings (11/21/2010); Vassar College (10/25/10); Midwest International Trade and Theory Meetings (09/17/2010); Center for Economic Studies (04/01/2010).

"Plant-Level Responses to Antidumping Duties: Evidence from U.S. Manufacturers" - Shanghai University of Finance and Economics (04/24/2014); Federal Reserve Board of Governors (05/27/2011); Midwest Economic Association (03/21/2010); Comparative Analysis of Enterprise Data Meetings (10/02/2009); Econometric Society North American Summer Meetings (06/04/2009); Midwest International Economics Group (05/01/2009); George Washington University/World Bank Antidumping Conference (04/09/2009); Georgetown University (10/20/2008); Center for Economic Studies (10/02/2008).

Trade Liberalization and International Sourcing of Inputs - Southern Economic Association (11/16/2012).