Journal Article
Geographic Disparity in U.S. Output
Reinbold, Brian; Ravikumar, B. (2020-03-06)
A mere 81 of more than 3,000 counties produced half of total U.S. GDP in 2018.
Economic Synopses , Issue 5

Journal Article
Industry Mix May Help Explain Urban-Rural Divide in Economic Growth
Reinbold, Brian; Gascon, Charles S. (2019)
Economic growth in U.S. rural areas may be slower than growth in urban areas because of a different industry mix.
The Regional Economist , Volume 27 , Issue 2

Journal Article
Historical U.S. Trade Deficits
Wen, Yi; Reinbold, Brian (2019-05-17)
U.S. trade deficits appear to follow phases of industrialization.
Economic Synopses , Issue 13

Journal Article
Understanding the Trade Imbalance and Employment Decline in U.S. Manufacturing
Wen, Yi; Reinbold, Brian (2018)
Economic analysis suggests that a trade war with China can neither stop the decline in American manufacturing employment nor eliminate the U.S. trade deficit, but it could significantly reduce the welfare of American consumers by making U.S. imports of Chinese goods more expensive. Moreover, it could cause the United States to lose its global leadership in free trade and globalization and facilitate China's rise as a world leader in trade and commerce. A better approach may be for policymakers to design policies that can ensure fair redistribution of the gains from free trade among American ...
Economic Synopses , Issue 15 , Pages 1-3

Journal Article
Is the Phillips Curve Still Alive?
Wen, Yi; Reinbold, Brian (2020-05)
A.W. Phillips's discovery that inflation is negatively correlated with unemployment served as a heuristic model for conducting monetary policy; but the flattening of the Phillips curve post-1970 has divided debate on this empirical relation into two camps: "The Phillips curve is alive and well," and "The Phillips curve is dead." However, this dichotomy oversimplifies the issue.
Review , Volume 102 , Issue 2 , Pages 121-144

Comparing Value-Added Trade and Gross Trade
Reinbold, Brian; Ravikumar, B. (2020-06-25)
Which one provides a more accurate picture of global trade? And what does the U.S. trade balance with several major trading partners look like for the two measures?
On the Economy

Early U.S. Trade Deficits and Industrialization
Wen, Yi; Reinbold, Brian (2020-07-20)
Trade deficits during the country’s first phase of industrialization did not inhibit U.S. development and may have facilitated industrialization.
On the Economy

Journal Article
Housing Costs and Regional Income Inequality in China and the U.S.
Wen, Yi; Reinbold, Brian (2018)
In this article, we look at regional per capita disposable income data for China, a developing nation, and the U.S., an advanced economy, to see how income inequality compares between two large countries with a substantial income gap.
The Regional Economist , Volume 26 , Issue 2

Journal Article
The Changing Relationship between Trade and America’s Gold Reserves
Wen, Yi; Reinbold, Brian (2020-05-04)
For much of U.S. history, gold reserves and trade flows were closely linked. That changed with the end of the gold standard.
The Regional Economist , Volume 28 , Issue 1

How to Achieve a V-Shaped Recovery amid the COVID-19 Pandemic
Wen, Yi; Reinbold, Brian (2020-05-29)
Contrasting the Great Depression and Great Recession recoveries helps show how GDP levels and growth rates can respond to different levels of policy responses.
On the Economy