October 24, 2016 – CETA's investment dispute provisions have become a lightning rod for critics of the trade pact within Europe, but in its current form, the CETA text represents a significant improvement from past trade and investment deals according to a new report from the C.D. Howe...

We develop a simple model that highlights the costs and benefits of fixed exchange rates as they relate to trade, and show that negative export-price shocks reduce fiscal revenue and increase the likelihood of an expected currency devaluation. Using a new high-frequency data set on...