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Policy Uncertainty, Trade and Welfare : Theory and Evidence for China and the U.S

Handley, Kyle - 2015

We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework with heterogeneous firms. We show that increased TPU reduces investment in export entry and technology upgrading, which in turn reduces trade flows and real income for consumers....

Persistent link: https://www.econbiz.de/10013035139

Bilateralism and Regionalism in Japanese and U.S. Trade and Direct Foreign Investment Patterns

Eaton, Jonathan - 2010

We apply a modified 'gravity model' incorporating measures of factor endowments to analyze Japanese and U.S. bilateral trade flows and direct foreign investment positions with a sample of around 100 countries for the period 1985-1990. Country features that our analysis takes into account are...

Persistent link: https://www.econbiz.de/10012763473

International Trade and Labor Income Risk in the United States

Krishna, Pravin - 2009

This paper studies empirically the links between international trade and labor income risk faced by workers in the … United States. We use longitudinal data on workers to estimate time-varying individual income risk at the industry level. We … then combine our estimates of persistent labor income risk with measures of exposure to international trade to analyze the …

Persistent link: https://www.econbiz.de/10013159518

Brexit Uncertainty and Trade Disintegration

Graziano, Alejandro - 2018

trade policy risk across products and asymmetric for UK and EU exporters. We estimate that a persistent doubling of the …

Persistent link: https://www.econbiz.de/10012906789

Rising Policy Uncertainty

Davis, Steven J. - 2019

I review evidence of rising policy uncertainty in the U.S. and global economies, drawing heavily on newspaper-based measures. Examples from countries around the world illustrate the role of political and policy developments as drivers of fluctuations in economic uncertainty. I also highlight the...

Persistent link: https://www.econbiz.de/10012863256

Brexit Uncertainty and its (Dis)Service Effects

Ahmad, Saad; Limão, Nuno; Oliver, Sarah; Shikher, Serge - 2022

variation in the probability of Brexit from prediction markets interacted with a new trade policy risk measure across service …

Persistent link: https://www.econbiz.de/10014090937

Trade Policy, Income Risk, and Welfare

Krebs, Tom; Krishna, Pravin; Maloney, William F. - 2005

This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and … three steps. First, longitudinal data on workers are used to estimate time-varying individual income risk parameters in … various manufacturing sectors. Second, the estimated income risk parameters and data on trade barriers are used to analyze the …

Persistent link: https://www.econbiz.de/10014065905

Trade Wars and Trade Talks with Data

Ossa, Ralph - 2011

How large are optimal tariffs? What tariffs would prevail in a worldwide trade war? How costly would be a breakdown of international trade policy cooperation? And what is the scope for future multilateral trade negotiations? I address these and other questions using a unified framework which...

Persistent link: https://www.econbiz.de/10013121039

Trade, Variety, and Immigration

Bo, Chen - 2012

What are the gains from international trade? And how do immigrants influence this process? While economists have considered these questions before, particularly in the context of aggregate trade flows, there has been no work assessing the relation between immigration and international trade in...

Persistent link: https://www.econbiz.de/10013108248

Bilateral Negotiations and Multilateral Trade : The Case of Taiwan-U.S. Trade Talks

Chen, Tain-Jy; Liu, Meng-Chun - 2021

This paper reviews the history of bilateral trade negotiations between Taiwan and the U.S. The question posed at the outset is: does bilateralism enhance or jeopardize multilateralism? The U.S.-Taiwan experience seems to suggest a grossly negative answer. Bilateral negotiations for market...

Persistent link: https://www.econbiz.de/10013218908

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