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Does a Data Quirk Inflate China’s Travel Services Deficit?
Matthew Higgins, Thomas Klitgaard, and Anna Wong Chinese residents are increasingly traveling to see the rest of the world, logging a total of 162 million foreign visits in 2018, up from 57 million in...
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Just Released: Mind the Gap in Delinquency Rates
Andrew F. Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw Total household debt balances increased by $192 billion in the second quarter of 2019, boosted primarily by a $162 billion...
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Are U.S. Tariffs Turning Vietnam into an Export Powerhouse?
Hunter L. Clark and Brendan Kelly The imposition of Section 301 tariffs on about half of China’s exports to the United States has coincided with a fall in imports from China and gains for other...
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Online Estimation of DSGE Models
Michael Cai, Marco Del Negro, Edward Herbst, Ethan Matlin, Reca Sarfati, and Frank Schorfheide The estimation of dynamic stochastic general equilibrium (DSGE) models is a computationally demanding...
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