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Employment and exchange rates: the role of openness and technology
Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - 2009
Real exchange rate movements are important drivers of the reallocation of resources between sectors of the economy. Economic theory suggests that the impact of exchange rates should vary with the degree of exposure to international competition and with the technology level. This paper...
Persistent link: https://www.econbiz.de/10010269093
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Returns to tenure of seniority?
Buhai, I. Sebastian; Portela, Miguel; Teulings, Coen N.; … - 2008
This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last …
Persistent link: https://www.econbiz.de/10010277117