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How do import tariffs affect aggregate prices? : theory and evidence from Canada / Christian Bustamante, Xing Guo, Lu Han, Soyoung Lee, Gaelan MacKenzie, Mariel Yacolca Maguiña, Jacob Short.: FB3-5/2026-36E-PDF

"By how much do import tariffs raise aggregate prices? We develop a simple decomposition that separates the aggregate price effect of a tariff into three channels—cost pass-through, markup adjustments, and consumer substitution across varieties—and calibrate an oligopolistic competition model with endogenous markups to firm-level market shares for Canadian domestic producers, U.S. exporters, and rest-of-world suppliers"--Abstract, [i].

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.966695&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleHow do import tariffs affect aggregate prices? : theory and evidence from Canada / Christian Bustamante, Xing Guo, Lu Han, Soyoung Lee, Gaelan MacKenzie, Mariel Yacolca Maguiña, Jacob Short.
Series title
  • Staff working paper = Document de travail du personnel, 1701-9397 ; 2026-36
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • ISSN assigned to different series.
  • Includes bibliographical references.
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, October 2, 2026.
  • ©2026
Author / Contributor
  • Bustamante, Christian, author.
Description1 online resource ([i], 48 pages) : charts.
Catalogue number
  • FB3-5/2026-36E-PDF
Subject terms
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