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Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy

Description: The 2007-2009 recession was long and deep, and according to several indicators was the most severe economic contraction since the 1930s (but still much less severe than the Great Depression). This report examines the state of the economy in light of the recession.
Date: April 18, 2013
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department

Weak Dollar, Strong Dollar Causes and Consequences

Description: This report provides background information on the forces that most likely determine the path of the dollar exchange rate. The report also considers recent events in international markets for goods and assets as well as suggest what implications these forces carry for the state of the U.S. economy and for economic policy.
Date: July 10, 2008
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department

Why the Dollar Rose in 2005 and the Prospect for 2006: Insights into the State of International Asset Markets and the Global Economy

Description: The dollar exchange rate rose substantially in 2005, halting a three-year decline and moving counter to the expectations of many observers. This report discusses potential reasons for the dollar's appreciation.
Date: May 30, 2006
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department

Financial Market Turmoil and U.S. Macroeconomic Performance

Description: Lending in credit markets requires confidence in the borrowers' ability to repay the debt (principal and interest) in full and on schedule. The current turmoil in U.S. financial markets is the result of a breakdown in that necessary confidence. A number of indicators have pointed to a substantial rise in the cost of credit and a decrease in the flow of credit to the broader economy. Economic policy may be needed to get credit flowing smoothly again and to mitigate the damage incurred by households and non-financial businesses. Three types of policy response exist and are being applied in varying degrees. This report discusses each of these policy responses.
Date: June 9, 2009
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department

Long-Term Growth of the U.S. Economy: Significance, Determinants, and Policy

Description: The rate of long-term economic growth is the salient measure of the nation's ability to steady advance its material living standard. The pace of long-term economic growth is likely to be a center of attention in the decades just ahead, as the U.S. economy confronts the need to undertake unprecedentedly large generational transfers of income to pay for the retirement of the huge baby-boom generation as well as large transfers to the rest of the world to meet the debt service costs of the United States' large and still growing foreign debt.
Date: May 25, 2006
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department

Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare

Description: This report provides an overview of the economics of international trade that may be helpful for consideration of many recurring international economic policy issues. It is intended as a general explanation of mainstream economic principles that may be considered in gauging the economic significance of trade issues as well as the trade-offs inherent in many policy choices. This report provides a brief overview of the economic arguments for free trade, common arguments for trade barriers, and the cause and economic significance of persistent large trade deficits.
Date: May 22, 2006
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department

Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare

Description: This report provides an overview of the economics of international trade that may be helpful for consideration of many recurring international economic policy issues. It is intended as a general explanation of mainstream economic principles that may be considered in gauging the economic significance of trade issues as well as the trade-offs inherent in many policy choices. This report provides a brief overview of the economic arguments for free trade, common arguments for trade barriers, and the cause and economic significance of persistent large trade deficits.
Date: September 2, 2003
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department

Trade, Trade Barriers, and Trade Deficits: Implications for U.S. Economic Welfare

Description: This report provides an overview of the economics of international trade that may be helpful for consideration of many recurring international economic policy issues. It is intended as a general explanation of mainstream economic principles that may be considered in gauging the economic significance of trade issues as well as the trade-offs inherent in many policy choices. This report provides a brief interview of the economic arguments for free trade, common arguments for trade barriers, and the cause and economic significance of persistent large trade deficits.
Date: June 8, 2005
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department

Does Trade Reduce Wages of U.S. Workers?

Description: This report examines in some detail the hypothesis that trade is undermining the economic status of the American worker. Two questions are addressed: one, Has trade tended to reduce the average level of wages? and, two, Has trade increased the inequality of wages? The general conclusion reached is that poor wage performance is largely a problem of the domestic economy, that would have occurred with or without trade.
Date: April 1, 1994
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department

Dumping of Exports and Antidumping Duties: Implications for the U.S. Economy

Description: Dumping in the United States is the selling of a product by a foreign producer at a price that is below the product’s sale price in the country of origin, or at a price that is lower than the cost of production. Under U.S. law such an action is considered an unfair trade practice. If that action is found to cause “material injury” to a competing domestic industry, an antidumping duty equal to the “dumping margin” will be levied against the foreign good.
Date: June 26, 2002
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department

Dumping of Exports and Antidumping Duties: Implications for the U.S. Economy

Description: Dumping in the United States is the selling of a product by a foreign producer at a price that is below the product’s sale price in the country of origin, or at a price that is lower than the cost of production. Under U.S. law such an action is considered an unfair trade practice. If that action is found to cause “material injury” to a competing domestic industry, an antidumping duty equal to the “dumping margin” will be levied against the foreign good.
Date: November 23, 2004
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department