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significantly positively correlated to either sectoral skill intensity or information technology intensity. The results from the …
Persistent link: https://www.econbiz.de/10011435149
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A challenge facing countries with an ageing population is how to retain a larger proportion of older workers in the work force while at the same time maintaining productivity growth - the latter being a necessary condition for economic sustainability of globalised economies. Apart from...
Persistent link: https://www.econbiz.de/10011435188
Since the end of World War II the dollar has played a double role, it has served as national currency of the US and as … key currency of the world economy. As world currency the dollar serves as "numeraire" for supranational flows and stocks … the world, but influence also the relative prices between commodities and manufactures, the terms of trade between …
Persistent link: https://www.econbiz.de/10011435041
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Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of the economic system. At the sectoral level, such qualitative transformations become manifest as variations in the sectoral composition of production. Following the implementation...
Persistent link: https://www.econbiz.de/10011435155
This paper examines the competitiveness of Japanese firms in the manufacturing sector since the middle of 1980s when the Japanese FDI outflow was accelerated. Instead of a standard residency-based balance of trade, we use the idea of ownership-based net foreign sales introduced by DeAnne Julius...
Persistent link: https://www.econbiz.de/10011435215
The study analyses the interaction between the trading behaviour of 1,024 moving average and momentum models and the fluctuations of the yen/dollar exchange rate. The paper shows first that these models would have exploited exchange rate trends quite profitably between 1976 and 1999, and then...
Persistent link: https://www.econbiz.de/10011435219