Federal Reserve Bank of San Francisco: 'What Is a Tariff Shock? Insights From 150 Years of Tariff Policy'
November 19, 2025
November 19, 2025
SAN FRANCISCO, California, Nov. 19 (TNSLrpt) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2025-26) on November 13, 2025 by Regis Barnichon and Aayush Singh entitled "What Is a Tariff Shock? Insights from 150 years of Tariff Policy."
Here are excerpts:
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In this paper we exploit 150 years of tariff policy in the US and abroad to estimate the short-run effects of tariff shocks on macro aggregates. A careful . . .
Here are excerpts:
* * *
In this paper we exploit 150 years of tariff policy in the US and abroad to estimate the short-run effects of tariff shocks on macro aggregates. A careful . . .