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Exchange Rate Volatility Effects on the German Labour Market: A Survey of Recent Results and Extensions
Buscher, Herbert S.; Mueller, Claudia - 1999
In this paper, a survey on theoretically expected and empirically proved impacts of exchange rate volatility is given. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different volatility measures and four country groups. In...
Persistent link: https://www.econbiz.de/10010262270
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The Impacts of the Dollar-Renminbi Exchange Rate Misalignment on the China-United States Commodity Trade: An Asymmetric Analysis
Ferjani, Sabrine; Saafi, Sami; Nouira, Ridha; Rault, … - 2022
trade between China and the U.S. in order to avoid the well-known aggregation bias. Estimates of symmetric error …-correction models (ECM) revealed that real dollar-renminbi rate misalignment has short-run effects on 35 U.S. exporting and 53 U … in assessing the effects of the RE misalignment on trade flows between the U.S. and China and confirms that the impacts …
Persistent link: https://www.econbiz.de/10013351774
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The renminbi's role in the global monetary system
Prasad, Eswar; Ye, Lei - 2012
We analyze three related but distinct concepts concerning the renminbi's role in the global monetary system: (i … changes for the balance and sustainability of China's own economic development as well as the associated implications for the … global monetary system. While China is actively promoting the internationalization of its currency, it is a long way from …
Persistent link: https://www.econbiz.de/10010282485
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A sequential Malmquist-Luenberger productivity index
Oh, Donghyun; Heshmati, Almas - 2009
This study proposes an alternative methodology for measuring environmentally sensitive productivity growth. The rationale of this methodology is to consider the features of technology appropriately by excluding a spurious technical regress based on the macroeconomic perspective. In order to...
Persistent link: https://www.econbiz.de/10010271226
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Regional Differences in Intersectoral Linkages and Diverse Patterns of Structural Transformation
Paul, Saumik; Raju, Dhushyanth - 2022
Intersectoral linkages can act as shock propagation channels and shape the pattern of structural transformation. To our knowledge, no research has examined how subnational differences in intersectoral linkages impact such spillover effects. We hypothesize that regional differences in local...
Persistent link: https://www.econbiz.de/10013426310
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Nonlinear Propagation of Sectoral Productivity Shocks with Variable Elasticities of Substitution
Paul, Saumik; Raju, Dhushyanth - 2023
This paper examines the nonlinear propagation of sectoral productivity shocks in a general equilibrium framework with intersectoral linkages characterized by allowing elasticities of substitution in sectoral outputs and sectoral productivities to vary across sector pairs. Evidence based on a...
Persistent link: https://www.econbiz.de/10014469377
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A Sequential Malmquist-Luenberger Productivity Index
Oh, Donghyun; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2009
This study proposes an alternative methodology for measuring environmentally sensitive productivity growth. The rationale of this methodology is to consider the features of technology appropriately by excluding a spurious technical regress based on the macroeconomic perspective. In order to...
Persistent link: https://www.econbiz.de/10004999166
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Firm size distortions and the productivity distribution: Evidence from France
Garicano, Luis; Lelarge, Claire; Van Reenen, John - 2013
We show how size-contingent laws can be used to identify the equilibrium and welfare effects of labor regulation. Our framework incorporates such regulations into the Lucas (1978) model and applies this to France where many labor laws start to bind on firms with exactly 50 or more employees....
Persistent link: https://www.econbiz.de/10010293174
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Health Insurance Benefit Mandates and the Firm-Size Distribution
Bailey, James; Webber, Douglas A. - 2015
By 2010, the average US state had passed 37 health insurance benefit mandates (laws requiring health insurance plans to cover certain additional services). Previous work has shown that these mandates likely increase health insurance premiums, which in turn could make it more costly for firms to...
Persistent link: https://www.econbiz.de/10011345351
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Privatisation in Developing Countries: What Are the Lessons of Recent Experience?
Estrin, Saul; Pelletier, Adeline - 2016
This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...
Persistent link: https://www.econbiz.de/10011584612