This paper considers the indirect impact the recent tariff increases between the US and China can have in third countries through links in global supply chains. We combine data from inputoutput relationships, imports and tariffs, to calculate the impact of the tariff increases by both the US and...

Since the 1960s, Germany has established itself as European manufacturing centre, and its export of goods made in Germany has become a pillar of its economic post-war success. In recent years, many German firms have further deepened their international involvements with links to global value...

Can the existence of positive productivity spillovers between co-workers be explained by the presence of complementarities in a firm's production function? A simple model demonstrates that this is possible when workers perform their tasks sequentially and part of individuals' pay is determined...