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The globalization factor: economists Raphael Auer and Andreas M. Fischer show how trade with low-income countries has affected productivity and prices in the United States.

Publication: The American (Washington, DC)
Publication Date: 01-SEP-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: The globalization factor: economists Raphael Auer and Andreas M. Fischer show how trade with low-income countries has affected productivity and prices in the United States.(THE AMERICAN SCENE)

Article Excerpt
It's a question that seems particularly relevant in an election year marked by economic anxiety: how has trade with low-income countries (LICs) affected "inflation, productivity, and industry structure" in the United States?

In a new paper, economists Raphael Auer and Andreas M. Fischer of the Swiss National Bank seek to measure...

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