Showing 1 - 10 of 65
This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U.S. trade policy that eliminated potential tariff increases on Chinese imports. Industries where the threat of tariff hikes declines the most experience more severe employment...
Persistent link: https://www.econbiz.de/10010784166
any precision. This paper offers the first analysis ofthat role using data since 1890 for Canada, Japan, and the United …
Persistent link: https://www.econbiz.de/10005368475
attention to the effect of the U.S.-Canada free trade agreement on market integration. Our conclusions are unchanged: markets in … the U.S. and Canada are more segmented than can be explained by the physical distance between the two locations. Formal …
Persistent link: https://www.econbiz.de/10005372546
We survey the recent experiences of three industrial countries -- New Zealand, Canada, and the United Kingdom -- that … tended to exceed long-term targets throughout the first several years of targeting. For New Zealand and Canada, survey data …
Persistent link: https://www.econbiz.de/10005712663
Persistent link: https://www.econbiz.de/10005721220
We use exchange traded options on Canadian dollar futures to estimate the market's risk-neutral distribution for the Canadian dollar in the days before and after the Quebec sovereignty referendum. We employ a relatively new technique that places little a priori structure on the estimated...
Persistent link: https://www.econbiz.de/10005498744
Persistent link: https://www.econbiz.de/10005393975
Recent years have seen large increases in the prices of houses, farm products, and oil, often with little clear connection to economic fundamentals. These price increases created plausibly exogenous shifts in demand for construction, farm, and mining machinery. This paper uses these demand...
Persistent link: https://www.econbiz.de/10008799657
At a macroeconomic level, infrastructure and productivity are positively correlated in the United States and other … infrastructure to productivity, or the reverse. This paper focuses on roads, and finds that vehicle-intensive industries benefit … disproportionately from road-building: when road growth changes, productivity growth changes more in industries that are more vehicle …
Persistent link: https://www.econbiz.de/10005368200
countries. The paper begins by surveying earlier estimates of relative productivity and unit labor cost levels and evaluating … productivity translated into dollars at purchasing power parity exchange rates. These estimates are compared with results obtained …
Persistent link: https://www.econbiz.de/10005368260