Engler, Philipp; Tervala, Juha - 2016
) between the United States and the European Union, but our paper is the first attempt to study its welfare effects. We measure … the welfare effect of TTIP as the percentage of initial consumption that households would be willing to pay for TTIP in … order to remain as well off with TTIP as without it. The discounted present value of the welfare gain of TTIP, which leads …