Maxwell School News and Commentary
Filtered by: Economic Policy
Silverstein Talks to NPR About China’s Economy Adapting to Serve the Aging Population
Professor of Sociology Merril Silverstein, who studies how infrastructure development is increasingly geared towards an older society in China, says, “Those in more developed villages have less aging anxiety about whether their needs will be met, whether they'll be, you know, happy or not as they get older.”
See related: Aging, China, Economic Policy
Lovely Weighs In on How Trump's Proposed Tariffs Will Impact US Consumers in China Daily Article
The new duties also could mean “a household with median income is projected to pay $1,700 more each year in import taxes,” says Mary Lovely, professor emerita of economics.
See related: China, Federal, International Affairs, Tariffs, Trade, United States
Rising Import Tariffs, Falling Exports: When Modern Supply Chains Meet Old-Style Protectionism
Assistant Professor of Economics Ryan Monarch and co-authors examine the impacts of the 2018–2019 U.S. import tariff increases on U.S. exports through the lens of supply chain linkages. Published in American Economic Journal: Applied Economics.
See related: International Affairs, Tariffs, Trade, United States
‘Life Together’ Seeks to Improve Civil Dialogue
The event brought members of the Syracuse University community together to talk in small groups about a sometimes-divisive topic, the economy.
See related: Economic Policy, Student Experience
Montez Featured in American Prospect Article on State Policies and Differences in Health Outcomes
“You have two states that [we]re the same, were pretty middle-of-the-road in terms of life expectancy, but they take opposite trajectories,” says University Professor Jennifer Karas Montez. Some states, she says, took action to “invest in [the state] population’s overall economic well-being and health. And you had other states that took a...very different approach.”
See related: Economic Policy, Government, Health Policy, Political Parties, State & Local, United States
Behavioural Patterns of Leaders versus Followers in Setting Local Sales Tax Policy
Using a 40-year panel dataset from Texas, Yilin Hou and co-author identify leader municipalities in changing sales tax rates and examine how municipalities asymmetrically respond to multi-tiered rate changes. Published in Fiscal Studies: The Journal of Applied Public Economics.
See related: State & Local, Taxation, United States
McDowell Explains How US Sanctions Boost China’s Cross-Border Currency Use in The Diplomat Article
“By growing the use of the RMB in cross-border trade settlement directly between China and Russia, U.S. financial sanctions cut targeted actors off from using the dollar system, which forces targets into alternative currencies that are exchanged outside of the U.S. financial system,” says Daniel McDowell, professor of political science.
See related: China, Economic Policy, Government, U.S. Foreign Policy
Supply Chain Adjustments to Tariff Shocks: Firm Trade Linkages in the 2018-2019 US Trade War
Using confidential trade data, Ryan Monarch and co-authors show primary drivers of the decline in U.S. imports of tariffed goods were firm exits, discontinued buyer-supplier relationships, and reduced importing entry. Published in Economics Letters.
See related: International Affairs, Tariffs, Trade, United States
Monarch Talks to Marketplace About US Dollar Movements, the Fed and International Trade
Ryan Monarch, assistant professor of economics, says imported products are going to go up a bit in price. “Whether we’re talking about furniture from China, or we’re talking about bananas from Colombia, or whatever, dollar movements are going to make those things more expensive in the medium run,” he says.
See related: Economic Policy, International Affairs, Trade, United States
Patel and McDowell Discuss Trump’s Plan to Impose Tariffs on Countries That Start Wars in The Hill
“The cost to the private sector is quite high,” says Kristen Patel, professor of practice of policy studies. “Former President Trump has not coherently explained how tariffs would benefit us, companies and consumers.” Daniel McDowell, professor of political science, says, “The idea of using tariffs to deter countries from invading other countries, it’s pretty out there.”
See related: China, Government, International Affairs, Tariffs, Trade, U.S. Foreign Policy, U.S. National Security, United States