Macroeconomic Consequences of Tariffs / Davide Furceri, Swarnali Hannan, Jonathan Ostry, Andrew Rose.

We study the macroeconomic consequences of tariffs. We estimate impulse response functions from local projections using a panel of annual data that spans 151 countries over 1963-2014. We find that tariff increases lead, in the medium term, to economically and statistically significant declines in do...

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Main Author: Furceri, Davide
Other Authors: Hannan, Swarnali, Ostry, Jonathan, Rose, Andrew
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF working paper ; WP/2019/009.

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