Stephanie Schmitt-Grohe (@sschmittgrohe) 's Twitter Profile
Stephanie Schmitt-Grohe

@sschmittgrohe

Professor of Economics @Columbia, Macroeconomics, International Economics, Monetary Economics, Geldpolitik

ID: 1945481624248020992

linkhttp://columbia.edu/~ss3501 calendar_today16-07-2025 13:52:58

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NBER (@nberpubs) 's Twitter Profile Photo

The majority of US tariff shocks are transitory, non-inflationary, non-contractionary, and not followed by monetary tightening. Tariffs are a minor driver of US business cycles, from Stephanie Schmitt-Grohé and Martín Uribe nber.org/papers/w33997

The majority of US tariff shocks are transitory, non-inflationary, non-contractionary, and not followed by monetary tightening. Tariffs are a minor driver of US business cycles, from Stephanie Schmitt-Grohé and Martín Uribe nber.org/papers/w33997
Martin Uribe (@martinuribeecon) 's Twitter Profile Photo

An alternative to the trade-weighted import tariff rate is the trade restrictiveness index (TRI). We couldn't  find the TRI for the US at a quarterly frequency, so we decided to construct it. We used a balanced panel of 2761 products at the HTS 6-digit level.

An alternative to the trade-weighted import tariff rate is the trade restrictiveness index (TRI). We couldn't  find the TRI for the US at a quarterly frequency, so we decided to construct it. We used a balanced panel of 2761 products at the HTS 6-digit level.