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Offshoring and Inflation

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NBER2020-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w27957
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资源简介:
Did trade integration suppress inflation? Conventional wisdom says yes, based on the disinflationary supply-side impacts of trade. These supply-side arguments are incomplete however, because trade dynamics also influence aggregate demand. We analyze how trade dynamics shape inflation in New
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2020-10-01
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