Lorenzo Caliendo
Despite Job Losses, U.S. Benefitted from Surge of Trade with China
When Chinese imports sharply rose from 2000 to 2007, American manufacturing jobs suffered, but other sectors benefitted, leading to a net increase in U.S. welfare.
How Do Local Events Affect the National Economy?
A new study found that local disruptions, whether hurricanes or economic booms, affect the national economy differently depending partly on how much an area’s industries are connected to other sectors and regions.