To What Extent Are Tariffs Offset By Exchange Rates?
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https://www.nber.org/papers/w27654
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In theory, we should expect tariffs to be partially offset by a currency appreciation in the tariff-imposing country or by a depreciation in the country on which the tariff is imposed. We find, based on a calibrated model, that the tariffs imposed by the US in 2018-19 should not have had a large
提供机构:
美国国家经济研究局
创建时间:
2020-08-01



