China has begun to challenge U.S. hegemony in Latin America. The chaos of the Trump presidency may present it a new ...
12h
A decision by President Trump to close a tariff loophole could change the landscape of online shopping, particularly for the ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair advantage.
One day after the U.S. Postal Service said in a notice that it would stop accepting inbound parcels from the China and Hong ...
We explore how consumption heterogeneity affects the international transmission mechanism of monetary shocks and the choice of optimal monetary policy in an open economy. Incorporating two types of ...
We study how monetary policy affects the asymmetric effects of globalization. To this end, we build an open-economy heterogeneous-agent New Keynesian model (HANK), in which households differ in their ...
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