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How do different exporters react to exchange rate changes? Theory, empirics and aggregate implications

Berman, Nicolas; Martin, Philippe; Mayer, Thierry - C.E.P.R. Discussion Papers - 2009

distribution costs in the export market, high and low productivity firms react differently to a depreciation . Whereas high … productivity firms optimally raise their markup rather than the volume they export, low productivity firms choose the opposite … aggregate impact of exchange rate movements. The presence of fixed costs to export means that only high productivity firms can …

Persistent link: https://www.econbiz.de/10008506840

Productivity Spillovers, Terms of Trade and the 'Home Market Effect'

Corsetti, Giancarlo; Martin, Philippe; Pesenti, Paolo - C.E.P.R. Discussion Papers - 2005

This paper analyses the welfare implications of international spillovers related to productivity gains, changes in …-equilibrium model with monopolistic competition, drawing a distinction between productivity gains that enhance manufacturing efficiency …

Persistent link: https://www.econbiz.de/10005123889

Dualism and Aggregate Productivity

Temple, Jonathan - C.E.P.R. Discussion Papers - 2004

Paper quantifies the effects of rural-urban wage differentials and urban unemployment on aggregate productivity, wages and …

Persistent link: https://www.econbiz.de/10005067428

Spatial Concentration and Firm-Level Productivity in France

Martin, Philippe; Mayer, Thierry; Mayneris, Florian - C.E.P.R. Discussion Papers - 2008

This paper analyzes empirically the effect of spatial agglomeration of activities on the productivity of firms using … location choice: we find very little difference between the geography that would maximize productivity gains and the geography …

Persistent link: https://www.econbiz.de/10005498038

Growth Effects of Education and Social Capital in the OECD Countries

Temple, Jonathan - C.E.P.R. Discussion Papers - 2001

cross-country evidence points to productivity benefits of education that are at least as large as those identified by labour …

Persistent link: https://www.econbiz.de/10005136728

Dynamic Aid Allocation

Carter, Paddy; Postel-Vinay, Fabien; Temple, Jonathan - C.E.P.R. Discussion Papers - 2013

This paper introduces a framework for studying the optimal dynamic allocation of foreign aid among multiple recipients. We pose the problem as one of weighted global welfare maximization. A donor in the North chooses an optimal path for international transfers, anticipating that consumption and...

Persistent link: https://www.econbiz.de/10011084466

Macroeconomic Policy and the Distribution of Growth Rates

Sirimaneetham, Vatcharin; Temple, Jonathan - C.E.P.R. Discussion Papers - 2006

We examine the view that high-quality macroeconomic policy is a necessary, but not sufficient, condition for economic growth. We first construct a new index of the quality of macroeconomic policy. We then directly compare growth rate distributions across countries with good and bad policies; use...

Persistent link: https://www.econbiz.de/10005792406