A large literature evaluating the welfare effects of taxation has examined the role of the labor supply elasticity, and … effect on each margin is created by a different tax wedge. Finally, ignoring the composition of the labor supply elasticity … the total labor supply elasticity is as important as its size …

In a standard multi-sector, heterogeneous-firm trade model the effect of tariffs on entry, especially in the presence … are a consequence of the reductions in MFN tariffs (the Uruguay Round); and that for some countries, particularly some … would gain from the elimination of tariffs have a strong rank correlation with those that gain from a negative optimal …

tariffs arise from substituting away from firm creation and towards export capacity. This is in stark contrast to the static … their ability to grow into successful exporters. We calibrate the model and estimate the welfare gains from reducing tariffs …

) uniform tariff cuts that preserve domestic relative prices among tariff-ridden goods …

sectoral heterogeneity, intermediate goods and sectoral linkages for the quantification of the welfare gains from tariffs …

unilateral climate policies. Embodied carbon tariffs tax the direct and indirect carbon emissions embodied in imported goods. The …, carbon tariffs could substantially extend the reach of OECD climate policies. We investigate this claim by simulating the … effects of embodied carbon tariffs with a computable general equilibrium model of global trade and energy use. We find that …