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. With regard to the West German unemployment, the effects of volatility are empirically analyzed using three different …In this paper, a survey on theoretically expected and empirically proved impacts of exchange rate volatility is given … volatility measures and four country groups. In autoregressive models, a significant disturbing impact of volatility can be found …
Persistent link: https://www.econbiz.de/10005566669
We estimate the effect of exchange rate movements on ï¬rm-level wages, using a representative panel of manufacturing ï¬rms. We show that the direction and size of wage adjustment is shaped by the international exposure of each ï¬rm on both the sale and cost side of the balance sheet,...
Persistent link: https://www.econbiz.de/10011141263
The classical case of comparative advantage is put into a new formal framework, that is, the behavioral axioms of standard economics are replaced by a set of structural axioms. This enables a comprehensive analysis that takes the effects on income and profit explicitly into account. The axioms...
Persistent link: https://www.econbiz.de/10011108888
We estimate the effects of real exchange rate movements on employment in US cities between 2003 and 2010. We explore the differences in the composition of local industries to construct city-specific changes in exchange rates and estimate their effects on local employment in manufacturing...
Persistent link: https://www.econbiz.de/10011266396
Under the flexible exchange rate regime, the Canadian economy is constantly affected by fluctuations in exchange rates. This paper focuses on employment in Canada. We find that appreciations of the Canadian dollar have significant effects on employment in manufacturing industries; such effects...
Persistent link: https://www.econbiz.de/10011266403
The current study firstly conducts an analysis of the factors and the way they have influenced the dynamics and structure characteristics of European exports during the global crisis, focusing on elements specific to emerging European countries. Secondly, we performed a quantitative analysis on...
Persistent link: https://www.econbiz.de/10010965571
Using a representative panel of manufacturing firms, we estimate the response of job and hours worked to currency swings, showing that it depends primarily on the firm's exposure to foreign sales and its reliance on imported inputs. Further, we show that, for given international orientation, the...
Persistent link: https://www.econbiz.de/10005583232
Using a representative panel of manufacturing firms, we estimate the response of job and hours worked to currency swings, showing that it depends primarily on firms’ exposure to foreign sales and their reliance on imported inputs. We also show that, for given international exposure, the...
Persistent link: https://www.econbiz.de/10008495538
We estimate the effect of exchange rate movements on firm-level wages, using a representative panel of manufacturing firms. We show that the direction and size of wage adjustment is shaped by the international exposure of each firm on both the sale and cost side of the balance sheet, similar to...
Persistent link: https://www.econbiz.de/10010544303
We estimate the effect of exchange rate movements on firm-level wages, using a representative panel of manufacturing firms. We show that the direction and size of wage adjustment is shaped by the international exposure of each firm on both the sale and cost side of the balance sheet, similar to...
Persistent link: https://www.econbiz.de/10010552348