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Mainstream economic wisdom favoring cooperative free trade is challenged by a wave of disruptive trade policies. In this paper, we provide quantitative evidence concerning the economic impacts of tariffs implemented by the United States in 2018 and the subsequent retaliations by partner...
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) models, including both oligopoly and monopolistic competition. We emphasize open economy models and applications to … includes both exploring the implications of moving away from average cost pricing models (including monopolistic competition …
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, which is aimed at the replication of empirical patterns related to firm heterogeneity, rather than in the theory underlying …
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