Estimated Macroeconomic Effects of a Chinese Yuan Appreciation

This paper uses a multicountry macroeconometric model to estimate the macroeconomic effects of a Chinese yuan appreciation. The estimated effects on U.S. output and employment are modest. Positive effects on U.S. output from a decrease in imports from China are offset by negative effects on U.S. output from increased inflation and from a decrease in U.S. exports to China because of a Chinese contraction.

MoreLess

Year of publication:	2010-03
Authors:	Fair, Ray C.
Institutions:	Cowles Foundation for Research in Economics, Yale University
Subject:	Yuan appreciation

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	Cowles Foundation Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published in Business Economics (October 2010), 45: 233-243 The price is None Number 1755 18 pages
Classification:	E17 - Forecasting and Simulation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008582124