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This paper investigates the factors determining the impact of exchange rate regimes on the behavior of domestic investment and foreign direct investment (FDI). Producers may diversify internationally in order to increase the flexibility of production. We characterize the possible equilibria in a...
Persistent link: https://www.econbiz.de/10014398688
This study identifies the main shocks that cause fluctuations in French output and their channels of transmission. It …, especially demand shocks, which seem to originate from the U.S., play an important role in explaining French economic activity …. Third, there is some tentative evidence of regional components in explaining French output fluctuations; countryspecific …
Persistent link: https://www.econbiz.de/10014400222
Recently, the export performance of France relative to its own past and relative to a major trading partner, Germany, deteriorated. That deterioration seems related to the geographical destination and product composition of trend exports. Faced with an increase in unit labor costs or in its...
Persistent link: https://www.econbiz.de/10014402574
production function of the French business sector is found to be consistent with a Cobb-Douglas technology under constant returns …
Persistent link: https://www.econbiz.de/10014403881
countries or reforms of employment protection laws. Using a model that captures the characteristics of the French labor market …
Persistent link: https://www.econbiz.de/10014399856