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The macroeconomic effects of trade policy
Erceg, Christopher J.; Prestipino, Andrea; Raffo, Andrea - 2018 - This version: October 1, 2018
We study the short-run macroeconomic effects of trade policies that are equivalent in a friction-less economy, namely a uniform increase in import tariffs and export subsidies (IX), an increase in value-added taxes accompanied by a payroll tax reduction (VP), and a border adjustment of corporate...
Persistent link: https://www.econbiz.de/10011967395
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Trade Policies and Fiscal Devaluations
Erceg, Christopher J.; Prestipino, Andrea; Raffo, Andrea - 2022
Fiscal devaluations—an increase in import tariffs and export subsidies (IX) or an increase in value-added taxes and payroll subsidies (VP)—have been shown to provide as much stimulus under fixed exchange rates as a currency devaluation. We find that if agents expect policies to be reversed...
Persistent link: https://www.econbiz.de/10014080810
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International trade and conflict relationship
Zarinah Hamid - In: Journal of world economic review 14 (2019) 1, pp. 65-75
Persistent link: https://www.econbiz.de/10012232855
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The economic impacts of the US-China trade war
Fajgelbaum, Pablo D.; Khandelwal, Amit - In: Annual review of economics 14 (2022), pp. 205-228
Persistent link: https://www.econbiz.de/10014427270
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An economic analysis of the US-China trade conflict
Bekkers, Eddy; Schroeter, Sofia - 2020 - Manuscript date: 26 February 2020
This paper provides an economic analysis of the trade conflict between the US and China, providing an overview of the … average to 17% between the US and China, and the Phase One Agreement signed in January 2020 between the two countries only … and China in 2019 and is accompanied by considerable trade diversion to imports from other regions, leading to a …
Persistent link: https://www.econbiz.de/10012182790
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Global and Domestic Financial Cycles : Variations on a Theme
Aldasoro, Iñaki - 2020
We compare and contrast two prominent notions of financial cycles: a domestic variant, which focuses on how financial conditions within individual economies lead to boom-bust cycles there; and a global variant, which highlights how global financial conditions affect individual economies. The two...
Persistent link: https://www.econbiz.de/10012834310
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Trade Linkages and Macroeconomic Effects of the Price of Oil
Korhonen, Iikka - 2008
shocks are found in China, USA and Japan while European countries seem to fare quite well during recent positive oil …
Persistent link: https://www.econbiz.de/10012722559
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Trade wars and trade talks
Grossman, Gene M.; Helpman, Elhanan - 1992
Persistent link: https://www.econbiz.de/10000851827
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Trade Wars and Trade Talks
Grossman, Gene M. - 1993
Whether governments clash in trade disputes or negotiate over trade agreements, their actions in the international arena reflect political conditions back home. Previous studies of cooperative and noncooperative trade relations have focused on governments that are immune from political pressures...
Persistent link: https://www.econbiz.de/10012474682
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Trade Wars and Trade Talks with Data
Ossa, Ralph - 2011
that optimal tariffs average 62 percent, world trade war tariffs average 63 percent, the government welfare losses from a …
Persistent link: https://www.econbiz.de/10012461311