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

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Year of publication:	2010
Authors:	Fair, Ray C.
Publisher:	[S.l.] : SSRN
Subject:	Renminbi \| Aufwertung \| Currency appreciation \| Wechselkurs \| Exchange rate \| Wirtschaftswachstum \| Economic growth \| Schätzung \| Estimation \| China \| Beschäftigungseffekt \| Employment effect

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Extent:	1 Online-Ressource (19 p)
Series:	Cowles Foundation Discussion Paper ; No. 1755
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 10, 2010 erstellt
Other identifiers:	10.2139/ssrn.1568103 [DOI]
Classification:	E17 - Forecasting and Simulation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014197120