the world real interest rate. Our results indicate that while trade shocks account for roughly 45 percent of economic …

. Developments in the U.S. economy, the world's largest, have effects far beyond its shores. A surge in U.S. growth could provide a … role in the world economy, activity in the rest of the world is also important for the United States. …

. Developments in the U.S. economy, the world's largest, have effects far beyond its shores. A surge in U.S. growth could provide a … role in the world economy, activity in the rest of the world is also important for the United States …

Economic developments in the United States and China, the world's two largest economies, can have effects far beyond …

one of the large countries. We simulate the model and calculate consumption allocations, prices, trade volume, and tariffs …

. Developments in the U.S. economy, the world’s largest, have effects far beyond its shores. A surge in U.S. growth could provide a … role in the world economy, activity in the rest of the world is also important for the United States. …

of our analysis indicate that FTAs are better than CUs on welfare grounds for the world as a whole since both member and …

combinations of tariffs – on imported consumption goods, intermediate inputs, and capital goods – and taxes – on consumption, labor … welfare changes is due to transitional effects stemming from the allocation of resources in response to changes in tariffs and …

preferential trade agreements. It is found that free trade areas are better than customs unions on welfare grounds for the world as …