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Endogenous Trade Protection and Exchange Rate Adjustment

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NBER2019-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w25517
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This paper explores the relationship between exchange rate adjustment and trade policy in a simple New Keynesian open economy macro model. We show that movement in exchange rates have a direct implication for trade policy when governments choose tariffs endogenously. In particular, we show that the
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2019-02-01
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