The Macroeconomic Effects of Trade Tariffs: Revisiting the Lerner Symmetry Result
July 7, 2017
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Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Summary
Subject: Exchange rates, Export subsidies, Foreign exchange, Imports, International trade, Real exchange rates, Tariffs, Taxes
Keywords: Border Adjustment Tax, Complete Markets, Exchange rate appreciation, Exchange rates, Export Subsidies, Global, Home economy, Home import, Import price net, Import sector, Import tariff, Import tariff hike, Import Tariffs, Imports, Incomplete Markets, Lerner Condition, New Keynesian open-economy model, PCP export price, Price distortion, Real exchange rates, Steady state import share, Tariff case, Tariffs, Trade share, Trade War, WP
Publication Details
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Pages:
54
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Volume:
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DOI:
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Issue:
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Series:
Working Paper No. 2017/151
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Stock No:
WPIEA2017151
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ISBN:
9781484306116
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ISSN:
1018-5941
