Article ID Journal Published Year Pages File Type
962363 Journal of International Economics 2011 14 Pages PDF
Abstract
► We develop a dynamic OLG model of trade policy. ► Both generations of heterogeneous workers vote each period. ► We find two stable policy paths: one protectionist and the other liberal. ► Transition may be induced by announcements, education subsidies, or external policy, but not by transfers. ► Proposed reform needs to be sufficiently large for transition to be feasible.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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