Daniel Yang
danielkeyang.bsky.social
Daniel Yang
@danielkeyang.bsky.social
Currency depreciation ≠ automatic export boost in the age of GVCs. Foreign value-added & re-exporting mute trade elasticity, weakening the link between exchange rates and trade balances. #GlobalValueChains #FX
Does a currency depreciation boost export volumes?
December 1, 2024 at 10:13 PM
Initial DB estimates suggest tariffs would have their peak inflation impact in 2026 before fading. Will be interesting to see more research on this as it's an important question.
tker.co Sam Ro @tker.co · Nov 26
"...adding the tariffs on Canada and Mexico would likely lift core PCE inflation above 3% in 2025, with more marginal effects beyond." - Deutsche Bank
November 27, 2024 at 9:28 PM
Very relevant paper to the discussion about tariffs and prices.
November 26, 2024 at 8:20 AM
Interesting FX policy paradox: Fiscal stimulus + tariffs could strengthen USD in the short term despite intentions to weaken it, but longer-term inflation effects might lead to the opposite effect. www.ft.com/content/e0e4...
November 25, 2024 at 5:17 PM
New to Bluesky and loving these resource threads! Thanks @aaronsojourner.org - perfect timing as I explore more econ content here.
Lots of new econ lovers here & lots of new resources. A🧵.

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November 25, 2024 at 2:44 AM