This paper examines whether and how rainfall shocks affect tariff setting in the agricultural sector. In a model of strategic trade policy, the authors show that the impact of a negative rainfall shock on optimal import tariffs is generally ambiguous, depending on the weight placed by the...

This paper exploits gaps between observed and recently forecasted Gross Domestic Product growth in export destinations to estimate the effects of unexpected demand shocks on worker compensation. Using employer-employee panel data, the paper finds that the revenues from these demand shocks are...

Background: Nearly 19 million people across OECD countries are living with dementia, and millions of family caregivers are affected by the disease. The costs of informal care are estimated to represent 40-75% of the total dementia cost exceeding formal care time and medical costs. Objective: To...