We study the consequences of protectionism for macroeconomic fluctuations. First, using high-frequency trade policy data, we present fresh evidence on the dynamic effects of temporary trade barriers.
Electoral incentives affect legislators’ responsiveness to voters, parties, and other stakeholders. Proportional representation electoral systems with party control over nominations foster party disci
We characterize sabotage, exemplified by recent U.S. policies concerning China's semiconductor industry, as trade policy. For some (but not all) goods, completely destroying foreigners productivity in
