We investigate the extent to which the effect of the 2018/2019 US import tariff hikes on US (post-tariff) import prices … that offsetting effects on the newly imposed tariffs were substantial. …

Industrial prices of goods and services are a function of costs of production and of the mark-up that firms apply on … world prices in domestic currency. We find that, in this respect, the weight attached to world prices is significantly …

This paper analyzes markup responses of Danish firms to Chinese imports. Besides negative markup responses due to …

This paper analyses the impact of financial frictions on markup adjustments at the firm level. We use a rich panel data … regarding the cyclicality of the aggregate markup. …

Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the …

Many studies use tariffs to measure changes in trade policy. This paper shows that standard sources for tariffs suffer … from substantial measurement error due to misreporting and the resulting false imputation: Countries fail to report tariffs … every year and missing data are more prevalent for preferential than for most favored nation (MFN) tariffs. WITS, the main …

to the elimination of tariffs and cuts in non-tariff measures by 25%, is in the range of 1% to 4% of initial consumption …