as tariffs, can continue to disadvantage foreign firms. We analyze the bidding strategies in such a game and show that … when domestic profits are valued, tariffs will be used to discriminate against foreign firms. Furthermore, we find that … optimal tariffs can be more protectionist than the optimal price preference, resulting in lower expected domestic welfare and …

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

as tariffs, can continue to disadvantage foreign firms. We analyze the bidding strategies in such a game and show that … when domestic profits are valued, tariffs will be used to discriminate against foreign firms. Furthermore, we find that … optimal tariffs can be more protectionist than the optimal price preference, resulting in lower expected domestic welfare and …

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. …

This paper studies the macroeconomic impact of higher tariffs using a two-country DSGE model with endogenous trade and … heterogeneous firms. The analysis consists of two scenarios. First, we assume that one country increases tariffs while the other … does not. Second, both countries raise tariffs. In the first case, the country that did not raise tariffs suffers an …

developing and emerging countries over several years, merged with destination-product specific information on tariffs and non …-tariff measures is not isomorphic to that of tariffs: the pricing-to-market behavior we observe suggests that, while tariffs reduce …, tariffs, exchange rate, price discrimination …