Narrow search
Showing 1 - 10 of 80
Cover Image
Open Regionalism in a World of Continental Trade Blocs
Wei, Shang-Jin; Frankel, Jeffrey A. - 2021
Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to … reduction of trade barriers against non-member countries. That may not be politically feasible. On the other hand, in a world of …
Persistent link: https://www.econbiz.de/10013225933
Cover Image
The Role of History in Bilateral Trade Flows
Eichengreen, Barry; Irwin, Douglas A. - 2021
This paper investigates the theory and evidence that history plays a role in shaping the direction of international trade. Because there are reasons to anticipate a positive correlation between the predominant direction of trade flows in the past and membership in preferential arrangements in...
Persistent link: https://www.econbiz.de/10013212584
Cover Image
Does Openness to Trade Make Countries More Vulnerable to Sudden Stops, or Less? Using Gravity to Establish Causality
Frankel, Jeffrey A.; Cavallo, Eduardo A. - 2021
Openness to trade is one factor that has been identified as determining whether a country is prone to sudden stops in capital inflow, currency crashes, or severe recessions. Some believe that openness raises vulnerability to foreign shocks, while others believe that it makes adjustment to crises...
Persistent link: https://www.econbiz.de/10013311905
Cover Image
From Benign Neglect to Malignant Preoccupation : U.S. Balance-of-Payments Policy in the 1960s
Eichengreen, Barry - 2010
expanding world economy was dollar balances. The role of the United States was to act as banker to the world, borrowing short …
Persistent link: https://www.econbiz.de/10014161214
Cover Image
From Benign Neglect to Malignant Preoccupation : U.S. Balance-of-Payments Policy in the 1960s
Eichengreen, Barry - 2021
expanding world economy was dollar balances. The role of the United States was to act as banker to the world, borrowing short …
Persistent link: https://www.econbiz.de/10013229056
Cover Image
When Fast Growing Economies Slow Down : International Evidence and Implications for China
Eichengreen, Barry - 2011
, a level that China should achieve by or soon after 2015. Among our more provocative findings is that growth slowdowns …
Persistent link: https://www.econbiz.de/10013127765
Cover Image
The External Impact of China's Exchange Rate Policy : Evidence from Firm Level Data
Eichengreen, Barry - 2011
's processing exports. Stock prices rise for firms competing with China in their home market while falling for firms importing … China's exchange rate policy in 2005 and 2010 and data on 6,050 firms in 44 countries. Renminbi appreciation has a positive … effect on firms exporting to China but little positive or even a negative impact on those providing inputs for China …
Persistent link: https://www.econbiz.de/10013118251
Cover Image
Trade Liberalization in General Equilibrium : Intertemporal and Inter-Industry Effects
Goulder, Lawrence H.; Eichengreen, Barry - 2021
U.S. in tariffs and "voluntary" export restraints (VER's). We consider 50 percent cuts in tariffs and in ad valorem VER …
Persistent link: https://www.econbiz.de/10013216870
Cover Image
Savings Promotion, Investment Promotion, and International Competitiveness
Goulder, Lawrence H.; Eichengreen, Barry - 2021
and on the viability of export-oriented and import-competing industries. The nature of the effects is often ambiguous in … policies on the viability of U.S. export industries. We compare results under the assumption of no international capital … of return by altering their portfolios. Simulation results show that the impacts on export industries differ …
Persistent link: https://www.econbiz.de/10013240332
Cover Image
International Competition in the Products of U.S. Basic Industries
Eichengreen, Barry - 2021
This paper provides an overview of recent trends in the U.S. basic industries. It first documents the dramatic fall in their shares of domestic employment and global production. It then considers explanations for these industries' relative -- and, in some instances, absolute -- decline. Those...
Persistent link: https://www.econbiz.de/10013310150