Abstract Global trade is often understood by trade union officials to be an abstract policy-level issue without a direct role for workers or shop floor influence. As the UK establishes an independent trade policy in the wake of Brexit, this article explores the concept of strategic supply chain...

We investigate the behavior of asset prices in a typical New Keynesian macro model. Using a second-order approximation, we examine bond and equity returns, the equity risk premium, and the behavior of the real and nominal term structure. As documented in the literature, our results suggest that...