Barattieri, Alessandro; Cacciatore, Matteo - 2021
Using monthly data on temporary trade barriers (TTBs), we estimate the dynamic em- ployment effects of protectionism … policy shocks exogenous to eco- nomic fundamentals. We then use input-output tables to construct measures of protectionism … affecting downstream producers. Finally, we estimate panel local projections using the identi- fied trade-policy shocks …