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Estimated Macroeconomic Effects of a Chinese Yuan Appreciation

Estimated Macroeconomic Effects of a Chinese Yuan Appreciation Abstract This paper uses a multicountry macroeconometric model to estimate the macroeconomic effects of a Chinese yuan appreciation against the U.S. dollar. The estimated effects on U.S. output and employment are modest. Positive effects on U.S. output are roughly offset by negative effects from a decrease in Chinese output and an increase in U.S. import prices. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Business Economics Springer Journals

Estimated Macroeconomic Effects of a Chinese Yuan Appreciation

Business Economics , Volume 45 (4): 11 – Oct 1, 2010

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References (4)

Publisher
Springer Journals
Copyright
2010 National Association for Business Economics
ISSN
0007-666X
eISSN
1554-432X
DOI
10.1057/be.2010.31
Publisher site
See Article on Publisher Site

Abstract

Abstract This paper uses a multicountry macroeconometric model to estimate the macroeconomic effects of a Chinese yuan appreciation against the U.S. dollar. The estimated effects on U.S. output and employment are modest. Positive effects on U.S. output are roughly offset by negative effects from a decrease in Chinese output and an increase in U.S. import prices.

Journal

Business EconomicsSpringer Journals

Published: Oct 1, 2010

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