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The International Economic Review has just published a new exciting paper by Luca Macedoni and Ariel Weinberger on INTERNATIONAL SPILLOVERS OF QUALITY REGULATIONS. It is available through Wiley Economics here: onlinelibrary.wiley.com/doi/10.1111/ie…

So happy to share that our paper is forthcoming in The Economic Journal Lobbying efforts on the ratification of FTAs are dominated by MNCs, which (virtually always) support them and have larger potential gains from their ratification. You can read more here 👇🏼

Trade-induced competition on final goods drives firms to upgrade the quality of their product mix and export. In September issue, by Pamela Medina Pamela Medina Quispe zurl.co/d3yo

Shared some of my predictions for the Chinese economy under Trump 2.0 with the WSJ: wsj.com/economy/trade/… via The Wall Street Journal

🚨Job market paper🚨 Container ships are vital for global trade & large emitters of CO2. What happens when we tax their emissions? Check out my JMP: Can Unilateral Policy Decarbonize Maritime Trade? Paper: papers.pmludwig.com/Philipp_Ludwig… Website: pmludwig.com #EconTwitter 1/10

I know. Everything has already been said about tariffs. But here is one point that hasn't been stressed enough! Higher prices are not the economic cost of tariffs.

Happy (and relieved) to announce that my paper with (((Noel Maurer))) on labor coercion in colonial Peru has finally finally finally been published. Read it , cite it, send it to your family, friends, and enemies! #econhistory #persistence #notpersistence link.springer.com/article/10.100…

There’s also asymmetry in how US tariff moves affect the USD vs. how retaliatory tariffs do. The US plays a dominant role in currency markets—there’s even a convenience yield for US assets—so US tariffs can have a disproportionate effect on exchange rates relative to retaliation.

Think this chart is essential for understanding today's global economy -- Trump wants to shrink the US trade deficit (though his desire for tax cuts may "trump" his trade goals); Xi's growth strategy is exporting while not importing ... 1/

1/ 🚨 Can the US coerce smaller countries into submission using tariff penalties? Recent events with Mexico & Canada suggest it is trying. But our latest research indicates these attempts will likely fail and isolate the US economy. Here's why:👇

mr. president, sir, the woke left CANCELLED the circulator and we need you to bring it back

Link here: bloomberg.com/opinion/articl…

Recently accepted to #REStud, ``Global Value Chains and Trade Policy," from Emily Blanchard, Chad P. Bown and Johnson: restud.com/global-value-c…

This could cost billions in tuition revenue per research by fellow UC Davis alumni: direct.mit.edu/rest/article-a…

🚨We just released a paper examining the long-terms economic impacts of "Liberation Day" tariffs. In summary: while these tariffs may help reduce the trade deficit, they will impose significant costs on the U.S. economy after retaliation by trade partners.

This is the example in the Feenstra trade book on strategic use of export subsidies, since A380 was subsidized by the EU. It likely led to a net loss in European welfare. Maybe this is already the case, but seems like it should be brought up as an L for industrial policy?