Posts Tagged ‘China’

How we calculate US job losses from currency management

May 11th, 2015

[This post was written jointly with Ben Spielberg] In this PostEverything piece, Bernstein and Baker quote estimates of jobs lost in the U.S. due to higher trade deficits induced by currency management. In this memo, we explain how we derived the numbers cited in that piece. The analysis is “back-of-the-envelope” and is thus a rough… Read more