We introduce a model of oligopoly dynamic pricing where firms with limited capacity face a sales deadline. We establish …

empirical setting of technology adoption and to two classic dynamic oligopoly models, demonstrating that, in a wide variety of …

Import tariffs tend to be higher for final goods than for inputs, a phenomenon commonly referred to as tariff …-maximizing tariffs are uniform across sectors. We show that tariff escalation can be rationalized on efficiency grounds in the presence … up the chain for final-good tariffs, input tariffs may drive final-good producers to relocate abroad, mitigating their …

-1973. About three-quarters of the post-Smoot Hawley decline in U.S. tariffs, for example, can be attributed to higher import …

We investigate the effects of higher tariffs on the current account.Tariffs may increase or decrease investment … depending on the capital intensity of the sector protected. We find that ther esponse of saving to tariffs issensitive to the …), saving fallswith higher tariffs. This result may, however, be reversed in the Blanchard-Yaarj type model in which consumers …

. Noncooperative international policy equilibrium will be characterized by export cartels and rent-extracting tariffs …National governments have incentives to intervene in international markets, particularly in encouraging export cartels … and in imposing tariffs on imports from imperfectly competitive foreign firms. Although the optimal response to foreign …

We study unanticipated tariffs on imports of intermediate goods in a setting with firm-to-firm supply relationships …