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AVE Tariffs are a Misleading Measure of Tariff Policy

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NBER2025-11-01 更新2025-11-08 收录
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https://www.nber.org/papers/w34429
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We show that changes in ad valorem equivalent (AVE) tariffs are insufficient to sign the effect of tariffs on economic outcomes. Using a novel database of 1972-1988 US tariffs, we decompose aggregate AVEs into statutory and endogenous components. Pre-1979, inflation creates an accidental
创建时间:
2025-11-01
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