tariffs - a measure of the diversification of tariff menus - and corruption emerges across countries. This paper - a product … lower government revenues, compared with the optimal taxation benchmark without corruption. A similar argument applies when … customs officials offer to classify goods into low-tariff categories in exchange for a bribe. Setting trade tariffs at a …

Historically, tariffs have been an attractive policy tool to protect domestic industries. The benefits of such a policy …

infinite future. In this paper I analyze the setting of tariffs in a two-country model taking account of adjustment processes … induces policy makers with a short planning horizon to set lower tariffs because it enhances the short run boom following a … cut in tariffs. Monetary policy that aggressively fights deviations from its inflation target leads to even lower tariffs. …

delayed pass-through of tariffs into import prices could cause such prolonged differential import growth. We examine how …