Notice of Intent to Sole Source - Michael Sposi

The U.S. International Trade Commission (USITC) intends to award a sole source contract to Michael Sposi for services to develop an economic model. The model will incorporate sector-specific capital with adjustment costs, intertemporal household decisions, and an international bond market to generate endogenous saving and borrowing behavior. The contract is essential to produce quantitative analysis to comply with statutory obligations and will enhance the Commission's ability to quantify the short run and long-run impacts of changes in trade policy on macroeconomic outcomes. The key aspects of this opportunity include: • Developing an economic model to analyze changes and transition dynamics in the trade balance, trade flows, and output following trade policy changes • Creating a multi-country, multi-sector quantitative model • Utilizing existing, publicly available datasets, potentially including the ITPD-S • Enhancing the Commission's ability to quantify the short run and long-run impacts of changes in trade policy on macroeconomic outcomes • Estimating the timeline and path of economic changes after a policy is put in place