🚨Workshop Alert🚨
Disaggregating National Accounts (DNA): From Macro to Micro
The workshop will convene academics and practitioners using microdata across the globe to discuss the frontier of disaggregating national accounts
Let us know if you would like to join us @DukeEcon
New #FEDSNote: New evidence quantifies the supply and demand forces behind the recent run-up and retreat in U.S. manufacturing producer price inflation: https://t.co/X60gkojQP7 (1/2)
Bill of lading data provide shipment-level detail and are more timely than official public trade statistics. As an example, we show the March 2020 lockdowns in India caused an export collapse within days. https://t.co/GWF52O2ZTa #EconTwitter#TradeTwitter
Revised #FEDSPaper: Did the pandemic spark a surge in business deaths? It’s hard to tell. Business exit rates do tend to rise during recessions, but we won’t get official data for some time (1/2): https://t.co/VykVQADGLt #EconTwitter
Product exclusions and other factors lowered effective tariffs on imports from China by more than the Phase One US-China trade deal. Most exclusions expired at the end of 2020. https://t.co/NWBzCzvEXY #TradeTwitter#EconTwitter#FEDSNote
Will washing machines become the next pick-up trucks, with high tariff protection for 50+ years? Since 2012 washing machines imports into the United States have been significantly restricted. https://t.co/c4dA9917BZ
New: "Multinationals, Offshoring, and the Decline of U.S. Manufacturing" by Christoph Boehm (@UTAustinEcon), @Aaronflaaen, @nityanayar. Was foreign sourcing of intermediates by MNEs responsible for a decline in US manufacturing employment? https://t.co/J7JAwL2iSj 1/4
Has the pandemic sparked a surge in business deaths? It is hard to tell. Nearly 8 percent of firms die in average years, and that share tends to rise during recessions. But we won’t get official data on 2020 death rates for some time. https://t.co/uho1LPzygQ (1/2)
@J_C_Suarez Cant believe I wasn’t aware of these estimates from your paper. Helpful comparison in relation to our estimates. Will have to give your paper a careful read!
See today's story by @WSJ@d_harrison on new research by @UChi_Economics Ali Hortacsu and @FelixTintelnot exploring impacts of washing machine tariffs on US consumers: https://t.co/tESKe2w0Je
@TradeandMoney@UpdatedPriors@Brad_Setser Numbers in abstract only account for additional effects from temporary law change-- static effects of tax-motivated transfer pricing larger