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The global macroeconomics of a trade war : the EAGLE model on the US-China trade conflict
Bolt, Wilko; Mavromatis, Kostas; Wijnbergen, Sweder van - 2019
Persistent link: https://www.econbiz.de/10012060987
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The global macroeconomics of a trade war : the EAGLE model on the US-China trade conflict
Bolt, Wilko; Mavromatis, Kostas; Wijnbergen, Sweder van - 2019
Persistent link: https://www.econbiz.de/10011962952
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The macroeconomic effects of trade policy
Erceg, Christopher J.; Prestipino, Andrea; Raffo, Andrea - 2018 - This version: October 1, 2018
We study the short-run macroeconomic effects of trade policies that are equivalent in a friction-less economy, namely a uniform increase in import tariffs and export subsidies (IX), an increase in value-added taxes accompanied by a payroll tax reduction (VP), and a border adjustment of corporate...
Persistent link: https://www.econbiz.de/10011967395
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The Global Macroeconomics of a Trade War: The EAGLE model on the US-China trade conflict
Bolt, Wilko; Mavromatis, Kostas; van Wijnbergen, Sweder - 2019
into China, consistent with recent trade policies by the US and the Chinese governments. We abstract from tariffs on goods … exported from the euro area, focusing on a US-China trade war. A unilateral tariff from the US against China dampens US exports … in line with the Lerner Symmetry theorem but global output contracts. Global output contracts even further after China …
Persistent link: https://www.econbiz.de/10012114768
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The Global Macroeconomics of a Trade War : The EAGLE Model on the US-China Trade Conflict
Bolt, Wilko - 2019
into China, consistent with recent trade policies by the US and the Chinese governments. We abstract from tariffs on goods … exported from the euro area, focusing on a US-China trade war. A unilateral tariff from the US against China dampens US exports … in line with the Lerner Symmetry theorem but global output contracts. Global output contracts even further after China …
Persistent link: https://www.econbiz.de/10012892097
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Trade Policies and Fiscal Devaluations
Erceg, Christopher J.; Prestipino, Andrea; Raffo, Andrea - 2022
Fiscal devaluations—an increase in import tariffs and export subsidies (IX) or an increase in value-added taxes and payroll subsidies (VP)—have been shown to provide as much stimulus under fixed exchange rates as a currency devaluation. We find that if agents expect policies to be reversed...
Persistent link: https://www.econbiz.de/10014080810
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Impacts of China-US trade conflicts on the energy sector
Xia, Yan; Kong, Yishu; Ji, Qiang; Zhang, Dayong - In: China economic review : an international journal 58 (2019), pp. 1-22
Persistent link: https://www.econbiz.de/10012317878
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World trade in 2020: the show must go on! : COVID-19 pandemic, trade wars and deadlock at the WTO: rules-based trade is under pressure and the EU must take the lead
Nau, Aljoscha - 2020
returned to the global stage. Meanwhile the World Trade Organization (WTO) is facing an existential crisis due to a deadlock in … policies. However, there is no alternative to WTO reform, given that the economic balance in the world has changed - while the … enforcement and dispute settlement mechanism. The EU can act as an 'honest broker' between the USA and China. Establishing an …
Persistent link: https://www.econbiz.de/10012219135
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The effectiveness of embargoes : evidence from Russia
Miromanova, Anna - In: The world economy : the leading journal on … 46 (2023) 4, pp. 906-940
Persistent link: https://www.econbiz.de/10014303388
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Trade linkages and firm value : evidence from the 2018 US-China "trade war"
Huang, Yi; Chen, Lin; Liu, Sibo; Tang, Heiwai - 2018 - This version: August 7, 2018
Persistent link: https://www.econbiz.de/10011901133