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We study the multifaceted effects and persistence of trade policy shocks on financial markets in a structural vector autoregression. The model is identified via event day heteroskedasticity. We find that restrictive US trade policy shocks affect US and international stock prices heterogeneously,...
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Contests are well-established mechanisms for political lobbying, innovation, rentseeking, incentivizing workers, and …
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demonstrating that environmentalists can be favourable to a decrease in the local environmental policy. The impact of lobbying …
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