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We evaluate whether the Renminbi (RMB) is misaligned, relying upon conventional statistical methods of inference. A framework built around the relationship between relative price and relative output levels is used. We find that, once sampling uncertainty and serial correlation are accounted for,...
Persistent link: https://www.econbiz.de/10012464479
increasing import penetration, China's entry into the WTO, and growing US multinational employment abroad. We find significant … between industry and occupational analyses. While other research has focused primarily on China's trade, we find that … offshoring to China has also contributed to wage declines among US workers. However, the role of trade is quantitatively much …
Persistent link: https://www.econbiz.de/10012457641