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Evaluating Estimates of Materials Offshoring from U.S. Manufacturing

Feenstra, Robert C. - 2012

When materials offshoring is measured by estimating imported intermediate inputs, a common assumption used is that an … the 3-digit I-O industry level, there is a correlation of 0.68 between the offshoring shares made with and without the …

Persistent link: https://www.econbiz.de/10013108915

Magnification of the ‘China Shock’ Through the U.S. Housing Market

Xu, Yuan; Ma, Hong; Feenstra, Robert C. - 2022

to work. Controlling for housing reduces the negative coefficient of import exposure on manufacturing employment by 20 …-25%, with a significant indirect magnification through the housing market. Combining manufacturing and construction employment …, the indirect effect of the China shock through the housing market explains one-fifth as much of the variance in employment …

Persistent link: https://www.econbiz.de/10013324698

Financial Literacy and Retirement Planning in the United States

Lusardi, Annamaria - 2011

We examine financial literacy in the United States using the new National Financial Capability Study, wherein we demonstrate that financial literacy is particularly low among the young, women, and the less-educated. Moreover, Hispanics and African-Americans score the least well on financial...

Persistent link: https://www.econbiz.de/10013124228

Tax Aspects of Policy Towards Aging Populations : Canada and the United States

Auerbach, Alan J. - 2011

This paper uses the Auerbach-Kotlikoff Dynamic Simulation Model to compare the projected demographic transitions in Canada and the United States. The simulation model determines the perfect foresight transition path of an economy in which individuals live to age 75. The model's preferences are...

Persistent link: https://www.econbiz.de/10013126200

Simulating the Elimination of the U.S. Corporate Income Tax

Fehr, Hans - 2013

We simulate corporate tax reform in a single good, five-region (U.S., Europe, Japan, China, India) model, featuring skilled and unskilled labor, detailed region-specific demographics and fiscal policies. Eliminating the model's U.S. corporate income tax produces rapid and dramatic increases in...

Persistent link: https://www.econbiz.de/10013071508

What is the Price of Tea in China? Towards the Relative Cost of Living in Chinese and U.S. Cities

Feenstra, Robert C. - 2017

We examine the price and variety of products at the barcode level in cities within China and the United States. In both countries, there is a greater variety of products in larger cities. But in China, unlike the United States, the prices of products tend to be lower in larger cities. We...

Persistent link: https://www.econbiz.de/10012963166

Changes in the Age Distribution of Income in the United States, 1968-1984

Myers, Stewart C. - 2007

Among the interesting changes in the U.S. economy in recent years have been the substantial changes in the age distribution of income and its components. These changes are interesting in and of themselves, but also are an important background against which to interpret aggregate economic...

Persistent link: https://www.econbiz.de/10012778840

How Did China's WTO Entry Affect U.S. Prices?

Amiti, Mary - 2017

We analyze the effects of China's rapid export expansion following WTO entry on U.S. prices, exploiting cross-industry variation in trade liberalization. Lower input tariffs boosted Chinese firms' productivity, lowered costs, and, in conjunction with reduced U.S. tariff uncertainty, expanded...

Persistent link: https://www.econbiz.de/10012954464

The ‘China Shock’, Exports and U.S. Employment : A Global Input-Output Analysis

Feenstra, Robert C. - 2017

We quantify the impact on U.S. employment from imports and exports during 1995-2011, using the World Input …

Persistent link: https://www.econbiz.de/10012943197

Demographics, Fiscal Policy, and U.S. Saving in the 1980s and Beyond

Auerbach, Alan J. - 2010

This paper focuses on U.S. saving, demographics, and fiscal policy. We use data from the Consumer Expenditure Surveys of the 1980s to consider the effect of demographic change on past and future U.S. saving rates. Our findings indicate that demographic change may significantly alter the U.S....

Persistent link: https://www.econbiz.de/10012760152