This paper investigates the international spillover effects of U.S. trade protection. Using micro-level data on anti …-dumping, countervailing duties, and safeguards, I develop a new measure of U.S. trade policy announcement shocks for the period 1988-2015 that … is free of confounding factors. Estimates using the new measure indicate that announced, but not yet imposed, U.S. trade …

countries between 1990 and 1999. It is shown that intraindustry trade actually causes the convergence of business cycles, while … there is no direct relation between business cycles and bilateral trade intensity. As far as intraindustry trade is … positively correlated with trade, the OCA endogeneity hypothesis is confirmed, although the argumentation follows Krugman (1993 …

Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that … incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into … "gains from trade" approach can easily explain why changes in perceptions about the future (including "news" about the future …