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作者：SPENCER, BJ; JONES, RW
作者单位：National Bureau of Economic Research; University of Rochester
摘要：We consider home country tariff and subsidy policies in a setting where a home firm is partially dependent on a foreign vertically integrated firm for supplies of a key input. The firms are Cournot competitors in the home market for the final product. We show that a tariff on final product imports may cause the foreign vertically integrated firm to reduce the price charged for the input under circumstances where a simple monopoly supplier of the input would increase its price. Supply condition...
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作者：PRUSA, TJ
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作者：SVENSSON, LEO
作者单位：International Monetary Fund; National Bureau of Economic Research; Centre for Economic Policy Research - UK
摘要：The foreign exchange risk premium in an exchange rate target zone is derived, when the exchange rate is heteroskedastic within the band and there is a separate devaluation risk. The risk premium is then the sum of two separate risk premia, arising from uncertainty about exchange rate movements within the band and from uncertainty about devaluations. Both real and nominal fisk premia are considered. Real and nominal risk premia from movements within the band are very small. Real and nominal ris...
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作者：PRUSA, TJ
摘要：The number of antidumping petitions initiated has increased dramatically in recent years. However, only one-third of antidumping cases actually result in dumping duties being levied. Surprisingly, nearly as many antidumping cases are withdrawn or are voluntarily terminated. We present data that show that these withdrawn cases have at least as great an effect on trade as cases which resulted in duties. We discuss legal reasons why such settlements are possible and present a model of the bargain...
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作者：BAYOUMI, T
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作者：BARNETT, RC
摘要：This paper studies possible nonfundamental movements in nominal and real exchange rates arising from a world economy with speculation, incomplete participation in international currency markets and nontraded goods. The model is capable of generating equilibria which display comovements in nominal and real exchange rates not unlike those observed in actual economies.
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作者：FISCHER, RD
作者单位：University of Virginia
摘要：This paper studies the strategic reactions of firms to protectionist policies that are enforced with endogenous probability. This probability is a function of firms' actions. Firms in the country that may adopt the protectionist measures try to increase the probability of sanctions, while foreign firms try to reduce this probability. A simple framework is used to derive general results for uncertain protection. This framework is used to analyze the responses to specific protectionist policies ...
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作者：BAYOUMI, T
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作者：BAYOUMI, T
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作者：FERNANDEZ, R
