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Import competition from China is pervasive in the sense that for many good categories, the competitive environment that …. This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi vis-à-vis the USD from … mild effects on US prices. Further analysis points to the importance of trade integration, variable markups, and demand …
Persistent link: https://www.econbiz.de/10010493916
through ; China ; inflation ; markups …This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi (RMB) vis-à-vis the … import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …
Persistent link: https://www.econbiz.de/10009511759
This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi (RMB) vis-à-vis the … import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …
Persistent link: https://www.econbiz.de/10009537240
Persistent link: https://www.econbiz.de/10010482947
We review theoretical and empirical work on the economic effects of the United States and China trade relations during … the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate …
Persistent link: https://www.econbiz.de/10013361989
, China has been backed into a situation where the renminbi is expected to go ever higher against the dollar, and this one … inflation, particularly in the 1970s, and the choice of an exchange rate regime consistent with domestic monetary and fiscal … policies. Although seemingly narrowly focused on China, our contribution to Alexander's fete straddles both themes. Since 2004 …
Persistent link: https://www.econbiz.de/10003818402
Since 2004, China has been backed into a situation where the renminbi is expected to go ever higher against the dollar ….S. dollar, the resulting monetary explosion in China contributes to the worldwide increase in primary commodity priceswith … excess liquidity reminiscent of the global inflation generated by the weak dollar in the 1970s. -- Inflation ; exchange rates …
Persistent link: https://www.econbiz.de/10003749649
Since 2004, China has been backed into a situation where the renminbi is expected to go ever higher against the dollar ….S. dollar, the resulting monetary explosion in China contributes to the worldwide increase in primary commodity prices - with … excess liquidity reminiscent of the global inflation generated by the weak dollar in the 1970s …
Persistent link: https://www.econbiz.de/10013316479
We investigate the extent to which the effect of the 2018/2019 US import tariff hikes on US (post-tariff) import prices was offset by the concurrent appreciation of the US dollar and trace the source of the appreciation back to US trade policy itself. The dollar response to trade policy...
Persistent link: https://www.econbiz.de/10012792730
In this paper, I use firm-level data from Compustat to document the evolution of markups among listed U.S. non … obfuscates that firms with low pre-pandemic markups command notable markup growth in both 2021 and 2022. Third, I document key … accounts of profit inflation, wherein U.S. firms' market power allowed them to maintain - and, for some firms, increase - their …
Persistent link: https://www.econbiz.de/10015057213