Dynamic Effects on US of Trade and Fiscal Policy Changes
(Permanent Trade War)
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The above figure shows the aggregate effects on the US of a global trade war with 20 percent tariffs that are permanent and used to reduce reduce taxes on capital, labor, or subsidize investment from Alessandria, Ding, Khan, and Mix.
George Alessandria (Google Scholar) (Vita)
George.Alessandria@rochester.edu
Professor of Economics
Department of Economics
University of Rochester
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