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Trade policy and redistribution when preferences are non-homothetic (English)

Abstract

This paper compares redistribution through trade restrictions versus domestic lump-sum transfers. When preferences are non-homothetic, even domestic lump-sum transfers affect relative prices. Thus, contrary to the conventional wisdom, domestic lump-sum... See More +

Details

  • Do, Quy-Toan; Levchenko, Andrei A.;
  • 2017/03/14 09:03:04
  • Policy Research Working Paper
  • WPS8005
  • 1
  • 1
  • World
  • The World Region
  • 2017/03/14 08:58:58
  • Disclosed
  • Trade policy and redistribution when preferences are non-homothetic
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