Magnification of the ‘China Shock’ Through the U.S. Housing Market
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The China shock operated in part through the housing market, which is one reason why its impact was so large in the United States. We add housing to a multi-region monopolistic competition model, with individuals choosing whether and where to work. Controlling for housing reduces the negative
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美国国家经济研究局创建时间：
2019-11-01
