competitive market maker faces n risk neutral traders with unit demands or suppliers. It is private information whether any given …I develop a simple new model of strategic trade with endogenous timing, generalizaing Glosten and Milgrom (1985) : A … make a trade at a random time. The market is open for an exponential length of time. …

and entry decisions in the context of international trade. When market entry costs are sunk, policy uncertainty can create … theory-based measure of policy uncertainty. Our novel approach using observable trade policies allows us to estimate the …We provide theoretical and empirical evidence that policy uncertainty can significantly affect firm level investment …

for these effects by focusing on trade policy, a ubiquitous but often overlooked source of uncertainty, when a firm's cost … prospective exporters. Within a dynamic model of heterogeneous firms, I show that trade policy uncertainty will delay the entry of … eliminate uncertainty such as binding trade policy commitments at the WTO can increase entry even when applied protection is …

We study international trade of innovative goods subject to scientific uncertainty on consumers' health effects. Trade … of these goods is often at the centre of international disputes. We show that a new trade protectionism may arise because … of the scientific uncertainty. A free riding effect is individuated implying a more conservative behaviour by countries …

for these effects by focusing on trade policy, a ubiquitous but often overlooked source of uncertainty, when a firm's cost … prospective exporters. Within a dynamic model of heterogeneous firms, I show that trade policy uncertainty will delay the entry of … eliminate uncertainty such as binding trade policy commitments at the WTO can increase entry even when applied protection is …

I provide novel evidence for the impact of trade policy uncertainty on exporters. In a dynamic, heterogeneous firms … model, trade policy uncertainty will delay the entry of exporters into new markets and make them less responsive to applied … tariff reductions. Policy instruments that reduce or eliminate uncertainty, such as binding trade policy commitments at the …

I provide novel evidence for the impact of trade policy uncertainty on exporters. In a dynamic, heterogeneous firms … model, trade policy uncertainty will delay the entry of exporters into new markets and make them less responsive to applied … tariff reductions. Policy instruments that reduce or eliminate uncertainty, such as binding trade policy commitments at the …

for these effects by focusing on trade policy, a ubiquitous but often overlooked source of uncertainty, when a firm's cost … prospective exporters. Within a dynamic model of heterogeneous firms, I show that trade policy uncertainty will delay the entry of … eliminate uncertainty such as binding trade policy commitments at the WTO can increase entry even when applied protection is …

We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework … turn reduces trade flows and real income for consumers. We apply the model to analyze China's export boom around its WTO … normal trade relationship status and thus ending the annual threat to revert to Smoot-Hawley tariff levels. We construct a …