Economics

Macroeconomic Consequences of Tariffs

D. Furceri, S. A. Hannan, et al.

This research, conducted by Davide Furceri, Swarnali A Hannan, Jonathan D Ostry, and Andrew K Rose, reveals the substantial macroeconomic impacts of tariffs. Findings show that increases in tariffs can lead to significant drops in output and productivity, along with rising unemployment and inequality. Discover how these trends may vary with economic conditions and type of economies.... show more

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