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reforms that would likely increase the rate of innovation and the number of startups due to immigrants in the country. Key …
Persistent link: https://www.econbiz.de/10012241073
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demand, borrowing-constraints and the profitability of engaging in innovation (R&D). We decompose the effects of RER changes …
Persistent link: https://www.econbiz.de/10011928895
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-constraints and the profitability of engaging in innovation (R&D). We decompose the effects of RER changes on productivity growth …
Persistent link: https://www.econbiz.de/10012140660
We evaluate manufacturing firms' responses to changes in the real exchange rate (RER) using detailed firm-level data for a large set of countries for the period 2001-2010. We uncover the following stylized facts: In emerging Asia, real depreciations are associated with faster growth of...
Persistent link: https://www.econbiz.de/10011853335