Business, Government & the International Economy
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- May 2025
- Case
The Global Strategic Maple Syrup Reserve
By: Sophus A. Reinert, Mattias Fibiger and Sue Jia- May 2025
- Case
The Global Strategic Maple Syrup Reserve
By: Sophus A. Reinert, Mattias Fibiger and Sue Jia -
- May 2025
- Article
Argentina’s Disinflation: An International and Historical Perspective
By: Rafael Di Tella, Franco Nuñez and Pablo Ottonello- May 2025
- Article
Argentina’s Disinflation: An International and Historical Perspective
By: Rafael Di Tella, Franco Nuñez and Pablo Ottonello -
- 2025
- Working Paper
Tracking the Short-Run Price Impact of U.S. Tariffs
By: Alberto Cavallo, Paola Llamas and Franco VazquezThis paper examines the short-run impact of the 2025 U.S. tariffs on consumer prices using a unique integration of high-frequency retail pricing data, product-level country-of-origin information, and detailed tariff classifications. By linking daily prices from major U.S. retailers to Harmonized System (HS) codes and import origins, we construct custom price indices that isolate the direct effects of tariff changes across product categories and trading partners. Our analysis reveals rapid pricing responses, though their magnitude remains modest relative to the announced tariff rates and varies by country of origin. Both imported and domestic goods are affected, suggesting broader pricing and supply chain spillovers. These findings offer timely evidence for policymakers, businesses, and consumers navigating the immediate consequences of trade policy changes.
- 2025
- Working Paper
Tracking the Short-Run Price Impact of U.S. Tariffs
By: Alberto Cavallo, Paola Llamas and Franco VazquezThis paper examines the short-run impact of the 2025 U.S. tariffs on consumer prices using a unique integration of high-frequency retail pricing data, product-level country-of-origin information, and detailed tariff classifications. By linking daily prices from major U.S. retailers to Harmonized System (HS) codes and import origins, we construct...
About the Unit
The BGIE Unit conducts research on, and teaches about, the economic, political, social, and legal environment in which business operates. The Unit includes scholars trained in economics, political science, and history; in its work, it draws on perspectives from all three of these disciplines.
The following demonstrates one way of classifying the approaches the Unit takes to learning and teaching.
- The Unit examines the “rules” and policies established by government and other non-business institutions that affect business in the United States.
- The Unit turns to history to understand the origins of today’s business environment as well as some of the alternatives that have emerged from time to time.
- The Unit examines other countries’ business environments and their historical development.
- The BGIE group is deeply interested in the impact of globalization and the way rules are emerging to govern international economic transactions as globalization proceeds.
Recent Publications
Liz Truss and the Thatcher Legacy: Markets and Fiscal Dominance in the United Kingdom
- May 2025 |
- Teaching Note |
- Faculty Research
The Global Strategic Maple Syrup Reserve
- May 2025 |
- Case |
- Faculty Research
Argentina’s Disinflation: An International and Historical Perspective
- May 2025 |
- Article |
- Quarterly Review - Federal Reserve Bank of Minneapolis
Brazil's Messias? The Lava Jato Corruption Scandal, the Recession, and the Rise of Bolsonaro
- May 2025 |
- Teaching Note |
- Faculty Research
High Stakes: A Framework for Geopolitical Risk Management
- 2025 |
- Report |
- Faculty Research
Tracking the Short-Run Price Impact of U.S. Tariffs
- 2025 |
- Working Paper |
- Faculty Research
Extractive Taxation and the French Revolution
- 2025 |
- Working Paper |
- Faculty Research
Dominion Voting Systems v. Fox News
- March 2025 (Revised April 2025) |
- Case |
- Faculty Research
Harvard Business Publishing
Seminars & Conferences
There are no upcoming events.