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Impact of free trade agreements

…that different individual FTAs – even ostensibly similar ones – can have very different effects on trade. However, while the principle that the effects of FTAs may be heterogeneous is…

Romer & Romer on Taxes

…paper I find the following appalling nonsense The implication of these two key facts—that the revenue effects of interwar tax changes were typically small, and that tax changes were usually…