is possible for some parameter values. -- Immiserizing Growth ; Metzler Paradox ; Import Tariffs ; Ricardian Model …

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. …

and tariffs on factor markets, we find an efficiency gain, which is unevenly distributed. Existing generations benefit …

Using perfectly competitive, general equilibrium models of international trade, specific import tariffs, specific …, where each country can choose to use ad valorem trade taxes (import tariffs or export taxes, which are equivalent), or … specific import tariffs, or specific export taxes. In the two-country case, where there is a negative terms of trade …

-generating tariffs. This approach allows us to take account of adjustment dynamics, distributional aspects and the time horizon of policy … makers and workers. In response to a unilateral increase in tariffs aggregate consumption increases only sluggishly so that … policy makers with a short time horizon tend to set lower tariffs. Workers' preferences for tariffs depend on the sector …

environment, governments may, under some circumstances, negotiate to reduce tariffs, but without eliminating them altogether. It … is found that under certain circumstances tariffs may reduce unpredictable outcomes from the multiplicity of Walrasian …

-Uruguay Round applied tariffs and relying on the theoretical framework of the terms-of-trade motive for trade agreements, we …