Featured Items

  • Working Paper
The ‘China shock’ operated in part through the housing market, and that is an important reason why the China shock was...
  • Working Paper
We use micro data collected at the border and at retailers to characterize the effects of recent changes in US trade...
  • Working Paper
This paper provides evidence on the consumption effects of trade shocks by exploiting changes in US and Chinese trade...
  • Working Paper
This survey reviews the broad changes in U.S. trade policy over the course of the nation’s history. Import tariffs...
  • Working Paper
This paper explores the impacts of the Trump administration’s trade policy on prices and welfare. Over the course of...
  • Working Paper
After decades of supporting free trade, in 2018 the U.S. raised import tariffs and major trade partners retaliated. We...