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A new measure of aggregate trade restrictions : cyclical drivers and macro effects

Estefania-Flores, Julia; Furceri, Davide; Ahmed Hannan, … - 2023

This paper presents a new measure of aggregate trade restrictions (MATR) using data from the International Monetary Fund's Annual Report on Exchange Arrangements and Exchange Restrictions. MATR is strongly correlated with existing measures of trade restrictiveness but is more comprehensive in...

Persistent link: https://www.econbiz.de/10014316167

US trade policy and the US dollar

Khalil, Makram; Strobel, Felix - 2021

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. …

Persistent link: https://www.econbiz.de/10012792730

The sufficient statistic approach : predicting the top of the Laffer curve

Badel, Alejandro; Huggett, Mark - 2015 - This draft: November 10, 2015

Persistent link: https://www.econbiz.de/10011392899

VAT notches

Liu, Li; Lockwood, Ben - 2015

Persistent link: https://www.econbiz.de/10010516522

The elasticity of taxable income and income-shifting between tax bases : what is “real” and what is not?

Harju, Jarkko; Matikka, Tuomas - 2013

Persistent link: https://www.econbiz.de/10010358573

Gini decompositions and Gini elasticities : on measuring the importance of income sources and population subgroups for income inequality

Jurkatis, Simon; Strehl, Wolfgang - 2014

This paper points to flaws in Gini decompositions by income sources and population subgroups and to common pitfalls in the interpretation of decomposition results, focusing on methods within the framework of Rao (1969). We argue that within this framework Gini elasticities may provide the only...

Persistent link: https://www.econbiz.de/10010414242

A theory of outsourcing and wage decline

Holmes, Thomas J.; Snider, Julia Thornton - 2009

Persistent link: https://www.econbiz.de/10003817813

Intertemporal income shifting and the taxation of business owner-managers

Miller, Helen; Pope, Thomas; Smith, Kate - 2021

We use newly linked tax records to show that the large responses of UK company owner-managers to personal taxes are due to intertemporal income shifting and not to reductions in real business activity. Around half of this shifting is short-term and helps prevent volatile incomes being taxed more...

Persistent link: https://www.econbiz.de/10012802879

Nominal GDP targeting with heterogeneous labor supply

Bullard, James Brian; Singh, Aarti - 2017 - This version: 17 February 2017

We study nominal GDP targeting as optimal monetary policy in a model with a credit market friction following Azariadis, Bullard, Singh and Suda (2018), henceforth ABSS. As in ABSS, the macroeconomy we study has considerable income inequality which gives rise to a large private sector credit...

Persistent link: https://www.econbiz.de/10011691592

The international elasticity puzzle : is worse than you think

Fontagné, Lionel; Martin, Philippe J.; Orefice, Gianluca - 2017

Persistent link: https://www.econbiz.de/10011743410