Macroeconomic Consequences of Tariffs /by Davide Furceri, Swarnali A. Hannan, Jonathan D. Ostry, and Andrew K. Rose.
- [Washington, D.C. : International Monetary Fund, (c)2019.
- 1 online resource (58 pages)
- IMF Working Paper ; WP/19/9 .
Includes bibliographies and index.
Cover; Contents; I. Introduction; II. Empirical Methodology; A. Country-level analysis; B. Industry-level analysis; III. Results; A. Aggregate Results; IV. Conclusion; References; List of Tables; 1. Data Sources for Country-level Analysis; 2. List of Countries in Country-level Analysis; 3. List of Countries in Industry-level Analysis; 4. List of Industries; 5. List of Advanced Economies in Country-level Analysis; 6. The Aggregate and Distributional Effects of Tariffs; List of Figures; 1. The Effect of Tariffs; 2. The Effect of Tariffs -- Tariff Increases vs. Decreases Advanced Economies vs. Emerging Markets and Developing Economies3. The Effect of Tariffs -- Expansions vs. Recessions; 4. Robustness for Output; 5. Robustness for Productivity; 6. The Effect of Tariffs using Industry-level Data; Appendices; I. Three Episodes of Tariff Hikes; II. Results for Unemployment, Inequality, Real Exchange Rate, and Trade Balance; III. Robustness Results for Unemployment, Inequality, Real Exchange Rate, and Trade Balance; IV. Results for Consumption and Inflation; V. Instrumental Variable; Endnotes