Kang, Wensheng; Ratti, Ronald A.; Vespignani, Joaquin L. - Volkswirtschaftliche Fakultät, … - 2014
This paper investigates the influence of liquidity shocks in China on the U.S. economy over 1996-2012. The influence on … the U.S. is through China’s influence on demand for imports, particularly that of commodities. In all models estimated a … significant effect on U.S. CPI inflation that builds up over about six months or so and then persists; 3) a statistically …