 | Demand for Value Added and Value-Added Exchange Rates Author/Editor: Rudolfs Bems, Robert C. Johnson. Release Date:September, 2015 We examine the role of cross-border input linkages in governing how international relative
price changes influence demand for domestic value added. We define a novel more...
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| Demand Spillovers and the Collapse of Trade in the Global Recession Author/Editor: Kei-Mu Yi, Rudolfs Bems, Robert C. Johnson. Release Date:June, 2010 This paper uses a global input-output framework to quantify US and EU demand spillovers and the elasticity of world trade to GDP during the global recession of 2008-2009. We find that 20-30 percent more...
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