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Phase Out Tariffs, Phase in Trade?
Besedes, Tibor - 2019
delayed pass-through of tariffs into import prices could cause such prolonged differential import growth. We examine how …
Persistent link: https://www.econbiz.de/10012871646
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Trade Tariff, Wage Gap and Public Spending
Giuranno, Michele - 2019
This paper studies the interplay between the wage gap and government spending in a small open economy facing a shock in trade policy. We consider a specific factor model with an export sector, which uses skilled labour, and an import-competing sector, which uses unskilled labour. We find the...
Persistent link: https://www.econbiz.de/10012861427
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Intra-Bloc Tariffs and Preferential Margins in Trade Agreements
Ornelas, Emanuel; Tovar, Patricia - 2021
We study, theoretically and empirically, how countries choose intra-bloc tariffs and preferential margins when they … to a customs union (where members coordinate external tariffs). Moreover, in customs unions (but not necessarily in free …
Persistent link: https://www.econbiz.de/10013215677
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Multi-Part Tariffs and Differentiated Commodity Taxation
D'Annunzio, Anna - 2020
card platforms, adopt multi-part tariffs. We show that ad valorem taxes can correct underprovision and hence increase … result in different settings, including vertically interlinked markets, markets where firms adopt menus of tariffs to screen … consumers and where they compete with multi-part tariffs. Our results suggest that exempting these markets from taxation may be …
Persistent link: https://www.econbiz.de/10012847376
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Local Labor Market Effects of the 2002 Bush Steel Tariffs
Lake, James; Liu, Ding - 2022
President Bush imposed safeguard tariffs on steel in early 2002. Using US input-output tables and a generalized … difference-in-difference methodology, we analyze the local labor market employment effects of these tariffs depending on the … local labor market’s reliance on steel as an input and as part of local production. We find the tariffs did not boost local …
Persistent link: https://www.econbiz.de/10014077197
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Tax Systems and Development
Mardan, Mohammed - 2020
This paper analyzes the optimal tax system consisting of the tax rate and the capacity of the tax administration. I challenge the conventional wisdom that tax rates and tax administrations' capacity are complements showing that their relationship depends on a country's level of development....
Persistent link: https://www.econbiz.de/10012846675
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Tariff Bindings and the Dynamic Formation of Preferential Trade Agreements
Lake, James - 2019
We show that multilateral tariff binding liberalization substantially impacts the nature and extent of Preferential Trade Agreement (PTA) formation. First, it shapes the nature of forces constraining expansion of Free Trade Agreements (FTAs). The constraining force is a free riding incentive of...
Persistent link: https://www.econbiz.de/10012866805
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Economic Policy Uncertainty : Persistence and Cross-Country Linkages
Aikins Abakah, Emmanuel Joel - 2020
This paper provides new evidence on the stochastic behaviour of the EPU (Economic Policy Uncertainty (EPU) index constructed by Baker et al. (2016) in six of the biggest economies (Canada, France, Japan, US, Ireland, and Sweden) over the period from January 1985 to October 2019. In particular,...
Persistent link: https://www.econbiz.de/10012833734
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Why are Average Hours Worked Lower in Richer Countries?
Bick, Alexander - 2020
Why are average hours worked per adult lower in rich countries than in poor countries? We consider two natural explanations: income effects in preferences, in which leisure becomes more valuable when income rises, and distortionary tax systems, which are more prevalent in richer countries. To...
Persistent link: https://www.econbiz.de/10012834992
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Macroeconomic Policy Lessons for Greece from the Debt Crisis
Economides, George - 2020
This paper first searches for the drivers of the Greek depression in the aftermath of the 2007-8 global crisis and in turn looks for engines of sustained growth. We use a micro-founded macroeconomic model calibrated to Greece. Our simulations show that the adopted adjustment program (namely, the...
Persistent link: https://www.econbiz.de/10012837680