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We develop a life-cycle model of optimal retirement and savings behavior under complete markets where retirement is caused by worsening health in old age. Our model explains the long-run decline in the age of retirement as an income level effect. We show that improvements in health and longevity...
Persistent link: https://www.econbiz.de/10013230221
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Some supporters of antidumping have argued that this procedure serves as a kind of safety valve for protectionist pressure. This paper examines whether there is any empirical evidence that the use of antidumping actions has contributed to tariff reductions in a sample of 35 developing and...
Persistent link: https://www.econbiz.de/10014056825
This article examines the relationship between antidumping duties and strategic industrial policy. We argue that the dynamic between the two instruments is more complex and elaborate than that offered by the conventional account. We use the recent China-X-Ray Equipment dispute as a case study to...
Persistent link: https://www.econbiz.de/10013016602
The U.S. integrated steel industry has been very successful in securing import protection over the last 20 years. Critical to that success has been a cohesive coalition of steel producers, the steelworkers' union and 'steel-town' congressional representatives. The political strength of this...
Persistent link: https://www.econbiz.de/10013220799
Foreign firms accused of dumping in the WTO system may face punitive duties if they do not cooperate with domestic investigative authorities. These punitive tariffs are typically based on domestic firms' allegations - so-called quot;facts availablequot; dumping margins. This paper analyzes a...
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