Skip navigation
Skip navigation

US-China rivalry: The macro policy choices

Tyers, Rodney; Zhou, Yixiao

Description

Stylised representations of recent US and Chinese tax reforms, tariffs against imports and alternative Chinese monetary targeting are examined using a calibrated global macro model that embodies both trade and financial interdependencies. For both countries, unilateral capital tax relief and bilateral tariffs are shown to be 'beggar thy neighbor' policies. As large economies, both enjoy 'optimal tariffs', even bilaterally, though net outcomes are shown to depend on the allocation of revenues....[Show more]

CollectionsANU Research Publications
Date published: 2020
Type: Journal article
URI: http://hdl.handle.net/1885/264150
Source: The World Economy
DOI: 10.1111/twec.12992

Download

File Description SizeFormat Image
01_Tyers_US-China_rivalry%3A_The_macro_2020.pdf779.62 kBAdobe PDF    Request a copy


Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  17 November 2022/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator