for this economy, thereby obtaining a theory of endogenous growth that captures in a tractable way the social nature of …

Using two decades of annual data, we explore the links between real exchange rates and employment, wages and overtime … not have large effects on numbers of jobs or on hours worked. More substantial effects are picked up in industry wages …, especially for industries characterized by low price-over-cost markup ratios, and in overtime wages and overtime employment. The …

significantly affects U.S. inward foreign direct investment. We find no evidence that relative wages have a significant impact on …

: experience, age, vintage and calendar year. The first section of the paper provides a brief outline of a theory of planned growth …

impact on wages or government receipts and expenditures) is far too mixed to allow unequivocal inferences. This paper surveys …