The Macroeconomic Effects of Trade Tariffs : Revisiting the Lerner Symmetry Result /

We study the robustness of the Lerner symmetry result in an open economy New Keynesian model with price rigidities. While the Lerner symmetry result of no real effects of a combined import tariff and export subsidy holds up approximately for a number of alternative assumptions, we obtain quantitativ...

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Detalles Bibliográficos
Autor Principal: Linde, Jesper
Outros autores: Pescatori, Andrea
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/151
Acceso en liña:Full text available on IMF