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Blonigen, Bruce A.; Prusa, Thomas J. - 2021

We review the growing literature on the effects of antidumping, a trade policy that has emerged as the most serious impediment to international trade. Over the past 25 years countries have increasingly turned to antidumping in order to offer protection to import-competing industries. Antidumping...

Persistent link: https://www.econbiz.de/10013311625

China'S Post Accession WTO Stance

Mallon, Glenda; Whalley, John - 2021

terms by 2007. We evaluate how much benefit China can realistically receive from WTO membership given current problems with …

Persistent link: https://www.econbiz.de/10013248436

Does the WTO Make Trade More Stable?

Rose, Andrew Kenan - 2021

I examine the hypothesis that membership in the World Trade Organization (WTO) and its predecessor the General …/WTO membership on the coefficient of variation in trade computed over 25-year samples, controlling for a number of factors. I also … use a comparable multilateral data set. There is little evidence that membership in the GATT/WTO has a significant …

Persistent link: https://www.econbiz.de/10013313684

Automatic Stabilizers and Economic Crisis : Us vs. Europe

Dolls, Mathias - 2010

This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...

Persistent link: https://www.econbiz.de/10013139144

Fiscal and Migration Competition

Razin, Assaf - 2010

It is often argued that tax competition may lead to a "race to the bottom". Such a race may hold indeed in the case of the pure case of factor mobility (such as capital mobility). However, in this paper we emphasize the unique feature of labor migration, that may nullify the "race to the bottom"...

Persistent link: https://www.econbiz.de/10013139888

Vying for Foreign Direct Investment : A Eu-Type Model of Tax Competition

Razin, Assaf - 2006

This paper brings out the special mechanism through which taxes influence bilateral FDI, when investment decisions are two-fold in the presence of fixed setup flows costs. For each pair of source-host countries, there is a set of factors determining whether aggregate FDI flows will occur at all,...

Persistent link: https://www.econbiz.de/10012782945

Three Current Account Balances : A "Semi-Structuralist" Interpretation

Chinn, Menzie David - 2006

Three large current account imbalances -- one deficit (the United States) and two surpluses (Japan and the Euro area) -- are subjected to a minimalist structural interpretation. Though simple, this interpretation enables us to assess how much of each of the imbalances require a real exchange...

Persistent link: https://www.econbiz.de/10012783481

Trade Invoicing in the Accession Countries : Are They Suited to the Euro?

Goldberg, Linda S. - 2006

The accession countries to the euro area are increasingly binding their economic activity, external and internal, to the euro area countries. One aspect of this phenomenon concerns the currency invoicing of international trade transactions, where accession countries have reduced their use of the...

Persistent link: https://www.econbiz.de/10012783660

Do Enlarged Fiscal Deficits Cause Inflation : The Historical Record

Bordo, Michael D.; Levy, Mickey D. - 2021

the 1930s in the U.S. In the post-World War II era a detailed examination of the Great Inflation in the 1960s and 1970s in …

Persistent link: https://www.econbiz.de/10013250933

Conditional PPP and Real Exchange Rate Convergence in the Euro Area

Bergin, Paul R. - 2016

While economic theory highlights the usefulness of flexible exchange rates in promoting adjustment in international relative prices, flexible exchange rates also can be a source of destabilizing shocks. We find that when countries joining the euro currency union abandoned their national exchange...

Persistent link: https://www.econbiz.de/10012998959

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