Swiss goods exports and the Sino-US trade war: Conflicting transmission mechanisms
Journal
Aussenwirtschaft; Zeitschrift für internationale Wirtschaftsbeziehungen
ISSN
0004-8216
Type
journal article
Date Issued
2019
Author(s)
Abstract (De)
This paper identifies various channels through which the Sino-US trade war and the January 2020 truce affect Swiss goods exports. As a third party to this bilateral trade war, Switzerland’s goods exports were not targeted directly. Nevertheless, Swiss goods exports were implicated and evidence is presented that scales different transmission mechanisms. Given that leading central banks eased monetary policy partly on account of the macroeconomic consequences of the Sino- US trade war, a new dimension to the trade and monetary nexus has arisen. The consequences of this for the conduct of Swiss monetary policy are discussed.
Language
English
Refereed
No
Publisher
Rüegger
Publisher place
Zürich
Volume
70
Number
1
Start page
91
End page
110
Subject(s)
Eprints ID
259871