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We investigate the extent to which the effect of the 2018/2019 US import tariff hikes on US (post-tariff) import prices … Chinese exporters react to an USD appreciation by markedly lowering their US dollar-denominated export prices. This holds in … that offsetting effects on the newly imposed tariffs were substantial. …
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We build a life cycle model of labor supply that incorporates changes along both the intensive and extensive margin and use it to assess the consequences of changes in tax and transfer policies on equilibrium hours of work. We find that changes in taxes have large aggregate effects on hours of...
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