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The Macroeconomic Consequences of Import Tariffs and Trade Policy Uncertainty
Boer, Lukas - 2024
We estimate the macroeconomic effects of import tariffs and trade policy uncertainty in the United States, combining theory-consistent and narrative sign restrictions in Bayesian SVARs. We find mostly adverse consequences of protectionism, in aggregate and across sectors and regions. Tariff...
Persistent link: https://www.econbiz.de/10015058747
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Trade Openness and Volatility
Levchenko, Andrei A. - 2008
This paper examines the mechanisms through which output volatility is related to trade openness using an industry-level panel dataset of manufacturing production and trade. The main results are threefold. First, sectors more open to international trade are more volatile. Second, trade is...
Persistent link: https://www.econbiz.de/10012677612
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Dissecting saving dynamics : measuring wealth, precautionary, and credit effects
Carroll, Chris; Slacalek, Jirka; Sommer, Martin - 2012
We argue that the U.S. personal saving rate's long stability (from the 1960s through the early 1980s), subsequent steady decline (1980s - 2007), and recent substantial increase (2008 - 2011) can all be interpreted using a parsimonious 'buffer stock' model of optimal consumption in the presence...
Persistent link: https://www.econbiz.de/10009622528
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A Real Model of Transitional Growth and Competitiveness in China
Lipschitz, Leslie - 2008
increases in employment and output rather than only in wages; and (2) even though the domestic saving rate is high, foreign …
Persistent link: https://www.econbiz.de/10012677576
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Impact of Trade on Wages : What If Countries Are Not Small?
Saito, Mika - 2006
Persistent link: https://www.econbiz.de/10012691056
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Public-Private Wage Differentials and Interactions Across Countries and Time
Abdallah, Chadi - 2023
We compile a novel database on average public and private sector wages and public-private wage differentials, which we … counter-cyclically, increasing during economic downturns, and increases prior to elections. Both private sector wages and … inflation respond positively to changes in public wages, albeit with significant heterogeneity in the effects across countries …
Persistent link: https://www.econbiz.de/10015059582
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Trade Liberalization and Wage Inequality; Evidence From India
Mishra, Prachi; Kumar, Utsav - International Monetary Fund (IMF) - 2005
-induced productivity increases at the firm level, which get passed on to industry wages. Since tariff reductions were proportionately …
Persistent link: https://www.econbiz.de/10005825907
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Uganda : Managing More Effective Decentralization
Brosio, Giorgio - 2006
Intro -- Contents -- I. INTRODUCTION -- II. A BENCHMARK: PRINCIPLES OF DECENTRALIZATION REFORM -- III. UGANDA …
Persistent link: https://www.econbiz.de/10013042569
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How Solid Is Economic Growth in the East African Community?
Gigineishvili, Nikoloz; Mauro, Paolo; Wang, Ke - International Monetary Fund (IMF) - 2014
Is rapid economic growth experienced by the East African Community during the past decade built on solid foundations? To gain some clues, we use a variety of newly-collected and existing data sources to analyze the structural transformation of output and exports, as well as indicators of their...
Persistent link: https://www.econbiz.de/10011123874
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The Monetary Transmission Mechanism in the Tropics; A Narrative Approach
Berg, Andrew; Charry, Luisa; Portillo, Rafael A; Vlcek, Jan - International Monetary Fund (IMF) - 2013
policy that took place in 2011 in four members of the East African Community: Kenya, Uganda, Tanzania and Rwanda. We find …
Persistent link: https://www.econbiz.de/10011242205