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Keywords:International trade 

Journal Article
Dollars and deficits

FRBSF Economic Letter

Journal Article
Truths about trade and the dollar

A Minneapolis Fed directors' retreat explores the realities of international trade and foreign exchange
The Region , Volume 19 , Issue Dec , Pages 34-39

Conference Paper
The effects of globalization on inflation and their implications for monetary policy

Policymakers here and abroad cannot lose sight of a fundamental truth: In a world of separate currencies that can fluctuate against each other over time, each country?s central bank determines its inflation rate. If the FOMC were to allow the U.S. economy to run beyond its sustainable potential for some time, inflation would eventually rise. And, this pickup would become self-perpetuating if it became embedded in inflation expectations. Thus, while a better understanding of the implications of globalization will aid in our understanding of inflation dynamics, it is also clear that such ...
Conference Series ; [Proceedings] , Volume 51

Journal Article
The outlook for net exports

FRBSF Economic Letter

Conference Paper
Losing our marbles in the new century?: the great rebalancing in historical perspective

We focus on the two eras of globalization: ?then? (the period 1870 to 1913) and ?now? (the period since the 1970s). We look at the special position in the global macroeconomy of the hegemons in each era: Britain then, and the United States now. And adducing historical data to match what we know from the contemporary record, we proceed in the tradition of New Comparative Economic History to see what lessons the past might have for the present.
Conference Series ; [Proceedings] , Volume 51

Journal Article
Exchange rate risk and U.S. trade: a sectoral analysis

Economic Review , Volume 71 , Issue Mar , Pages 16-28

Journal Article
The U.S. trade deficit: sideshow to the \\"new economy\\"?

Politicians, the public and the press seem to view the trade deficit as if it were a cancer on the republic. But the current U.S. trade deficit looks to be more good news than bad.
The Regional Economist , Issue Apr , Pages 10-11

Journal Article
NAFTA and the western economy

FRBSF Economic Letter

Newsletter
Two good neighbors lower their fences

Chicago Fed Letter , Issue Sep

Journal Article
The internationalization of the U.S. labor market and the wage structure

The increasing internationalization of the U.S. labor market has had important effects on the wage structure. Immigration has probably increased wage inequality because recent immigrant waves tend to be less skilled than earlier waves. Growing trade deficits in durable goods have also increased wage inequality by reducing the relatively high wages of less-skilled workers in these industries and by displacing workers from them.
Economic Policy Review , Issue Jan , Pages 3-8

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