Why is Trade Reform so Unpopular? On Status Quo Bias in Policy Reforms
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Despite the well-known gains from trade, trade liberalization is politically one of the most contentious actions that a government can take. We propose and formalize a new argument, having to do with uncertainty, which is complementary to the usual explanations for why that is the case; many
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美国国家经济研究局创建时间:
1990-02-01



