Trade economists traditionally study the effect of lower variable trade costs. While increasingly important politically, technical barriers to trade (TBTs) have received less attention. Viewing TBTs as fixed regulatory costs related to the entry into export markets, we use a model with...

Trade economists traditionally study the effect of lower variable trade costs. While increasingly important politically, technical barriers to trade (TBTs) have received less attention. Viewing TBTs as fixed regulatory costs related to the entry into export markets, we use a model with...

We know that euro-area member countries have absorbed asymmetric shocks in ways that are inconsistent with a common nominal anchor. Based on a reformulation of the gravity model that allows for such bilateral misalignment, we disentangle the conventional trade cost channel and trade effects...

Nachdem Joe Biden die Präsidentschaftswahlen in den USA für sich entscheiden konnte, stellt sich die Frage, wie sich die transatlantischen Beziehungen zwischen den USA und der Europäischen Union zukünftig entwickeln werden. Das Verhältnis zwischen der USAdministration unter Donald Trump und...