Despite job losses, lower prices from trade with China have left US households massively better off.
When China joined the World Trade Organization in 2001, exports to the US market surged. In new research Xavier Jaravel and Erick Sager find that the rise of lower priced Chinese imports also helped to reduce prices of US-made goods, increasing households’ purchasing power by about $1,500. They write that this large increase in US consumer purchasing power was […]
When it comes to harmful air pollution, denser cities aren’t greener cities.
When it comes to harmful air pollution, denser cities aren’t greener cities.
Where urban planning is concerned, the conventional wisdom is that more compact cities are greener. While this may be the case for greenhouse gas emissions, new research on US cities from Sefi Roth and Felipe Carozzi find that denser cities are also more likely to have greater concentrations of harmful air pollution which can be detrimental to human health and well-being.
Air pollution is bad for us. We all […]