UBS-Are US Tax & Trade Policies A Zero-Sum Game？

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UBS 2月13日发出的对美国关税及贸易政策的讨论，英文34页：

How could the Administration's fiscal plans affect global inflation and output?

Tariff policy is expansionary at home, contractionary abroad (see chart below)

Cash-flow vs corporate tax swap is economically equivalent to a tariff policy

Monetary policy reaction would likely be contractionary

20170213-UBS-Global Economic Comment：Are US Tax & Trade Policies A Zero-Sum G.pdf (6.03 MB, 需要: 5 个论坛币)

2017-2-17 22:33:15 上传

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关键词：POLICIES Polici Trade zero Game equivalent corporate likely affect policy

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