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Keywords:Imports 

Journal Article
U.S. international transactions in 1974

Federal Reserve Bulletin , Issue Apr

Journal Article
U.S. balance of payments and investment position

Federal Reserve Bulletin , Issue Apr

Journal Article
U.S. balance of payments and investment position

Federal Reserve Bulletin , Issue Apr

Journal Article
Has excess capacity abroad reduced U.S. inflationary pressures?

This article examines whether the sizable amount of excess capacity abroad in recent years has eased U.S. inflationary pressures by keeping import prices from rising as fast as the prices of U.S.-produced goods. The analysis finds that overall import price growth has roughly kept pace with U.S. inflation because the effects of lower inflation abroad have been offset by exchange rate changes. In the case of Japan, dollar depreciation has rendered excess capacity basically ineffective against U.S. inflationary pressures.
Quarterly Review , Volume 19 , Issue Sum , Pages 101-106

Journal Article
U.S. international transactions in 1997

The U.S. current account deficit widened further in 1997, reaching $166 billion. U.S. imports of goods continued to exceed exports by a substantial margin. However, goods trade accounted for only a small part of the deterioration in the current account balance last year. The shift of investment income from positive to negative (the first time since 1914) was the major contributing factor; it reflected the cumulative effect of deficits in the current account that have persisted since 1982 and the balancing net capital inflows. The financial crises in Asia in the second half of 1997 visibly ...
Federal Reserve Bulletin , Volume 84 , Issue May

Journal Article
How important is the U.S.-Canada border?

International Economic Trends , Issue Aug

Journal Article
Estimating U.S. metropolitan area export and import competition

This article estimates the extent to which the manufacturing sectors of U.S. metropolitan economies face competition from abroad and, in turn, how much they export overseas.
Economic Perspectives , Volume 27 , Issue Q IV

Working Paper
Exchange rate episodes and the passthrough of exchange rates to import prices

Finance and Economics Discussion Series , Paper 93-25

Monograph
Transportation infrastructure and the border economy

Monograph

Working Paper
The Dynamics of Global Sourcing

This paper studies an import model that incorporates both static crosscountry interdependence and dynamic dependence in firm-level decisions. I find that the benefit of sourcing from one country increases as a firm imports from more countries. Furthermore, using a partial identification approach under the revealed preferences assumption, I provide evidence for the sunk costs of importing, which make establishing relationships with new sellers costlier than maintaining existing ones. The coexistence of cross-country interdependence and sunk costs implies that temporary trade policy changes can ...
International Finance Discussion Papers , Paper 1337

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