Journal Article
How Did the 2018–19 U.S. Tariff Hikes Influence Household Spending?
Abstract: Jun Nie, Alice von Ende-Becker, and Shu-Kuei X. Yang construct a tariff intensity measure to assess the uneven effects of the 2018–19 tariff increases across different types of households. They find that low-income households were more exposed to tariff increases than high-income households; younger households were more exposed than older households; Black households were more exposed than white or Asian households; and Hispanic households were more exposed than non-Hispanic households. In addition, they find that the tariff increases led to only a small shift in household spending from categories that were more exposed to tariff increases to categories that were less exposed to tariff hikes by the end of 2019.
Keywords: Tarrifs; Expenditures; Imports; China;
JEL Classification: F10;
https://doi.org/10.18651/ER/v106n4NievonEndeBeckerYang
Access Documents
File(s):
File format is application/pdf
https://www.kansascityfed.org/documents/8408/EconomicReviewV106N4NievonEndeBeckerYang.pdf
Description: Full text
Bibliographic Information
Provider: Federal Reserve Bank of Kansas City
Part of Series: Economic Review
Publication Date: 2021-09-30
Volume: 106
Issue: no.4
Pages: 5-20