Econ Comments & Analysis
NBER | The China Syndrome: Local Labor Market Effects of Import Competition in the United States
We analyze the effect of rising Chinese import competition between 1990 and 2007 on local U.S. labor markets, exploiting cross-market variation in import exposure stemming from initial differences in industry specialization while instrumenting for imports using changes in Chinese imports by industry to other high-income countries.
Blogs
WSJ | Vital Signs: Jobless Claims Remain Elevated
Fewer Americans filed new claims for jobless benefits last week. The four-week moving average of first-time unemployment filings, which smooths out weekly volatility, fell slightly to 386,750, down 750 from a week earlier.
