On the persistence of the China shock

A surge in imports from China as it modernized its economy during the 1990s and early 2000s caused job and income losses in U.S. manufacturing communities that persisted for years after the import shock plateaued around 2010, finds a paper discussed at the Brookings Papers on Economic Activity (BPEA) conference on September 9. [author-bio] China’s … Continue reading On the persistence of the China shock