At a minimum, trade policy uncertainty has risen. Whether that has resulted in the stagnation in exports is an open question.
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Category Archives: international
Guest Contribution: “Modeling Time-Variation Over the Business Cycle (1960-2017): An International Perspective”
Today, we are pleased to present a guest contribution written by Enrique Martínez-García (Federal Reserve Bank of Dallas), based on his forthcoming article in Studies in Nonlinear Dynamics and Econometrics. The views expressed here are those solely of the author and do not reflect those of the Federal Reserve Bank of Dallas or the Federal Reserve System.
Ashok Mody at UW: “EuroTragedy: A Drama in Nine Acts”
Guest Contribution: “The New NAFTA”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version appeared in Project Syndicate.
You Ain’t Seen Nothing Yet
Taxes announced, proposed, on Chinese imported goods. Or, shoot yourself in the foot edition.
“So China is now paying us billions of dollars in tariffs”
How does a tariff work? A tariff is a tax on imported goods, so if a Chinese good is sold to an American, the American literally has to pay the tax.
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Guest Contribution: “Fall in US Trade Balance, Led by Ag. Exports”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers.
Guest Contribution: “Trump Renews Charges of Chinese Currency Manipulation”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version appeared in Project Syndicate.
Who Could’ve Known “Crash Brexit” Would Be Problematic?
In the aftermath of the Salzburg summit, where the Chequers plan was dismissed by the EU, and PM May demanded “respect”, the pound has plunged.
The Long Run Elasticity of Farm Product Prices and the US Dollar
Expansionary fiscal policy combined with Taylor-rule induced monetary tightening has resulted in a strong dollar. That strong dollar is driving US agricultural prices.