Assistant Professor of Economics
New trade theory, international trade, industrial organization, location decisions
Katherine Schmeiser’s area of research lies in new trade theory. Traditional trade theory looks at trade between countries while new trade theory takes a firm level approach to trade and analyzes firm production and export decisions. Her research is particularly focused on informational barriers to trade.
Schmeiser's publications use both theoretical and empirical techniques to address questions such as: how appropriate is it to use industry level trade to estimate firm level models? Under what conditions do firms choose to service countries through exports versus foreign direct investment? Do the countries that firms choose to export to over time show evidence that firms learn how to export? Do the export activities of firms’ geographic neighbors (say by zipcode) affect a firm’s export location decisions due to shipping consolidation, learning, or other agglomeration factors?
Her work has been published in Journal of International Economics, International Review of Economics & Finance, Applied Economics Letters, and The Annals of Regional Science. In 2012, she received the Springer Award for the best paper presented by an early career scholar at the Western Regional Science Association's 51st Annual Meeting.
At Mount Holyoke, Schmeiser teaches courses in microeconomic theory and international economics, as well as seminars in international trade and industrial organization.