We study the short-run effects of import tariffs on GDP and the trade balance in an open-economy New Keynesian model with intermediate input trade. We find that temporary tariffs cause a recession ...

We study the optimal monetary policy response to the imposition of tariffs in a model with imported intermediate inputs. In a simple open-economy framework, we show that a tariff maps exactly into a ...

Gas Monkey Garage built the Synister X Chevelle within 30 days. This 1,200-hp LT4 restomod on a Speedtech chassis is a true ...

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