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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...
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Recent evidence for the U.S. suggests that recessions play a crucial role in promoting automation and the reallocation of productive resources, which in turn increase aggregate productivity and lead to a higher standard of living. I present evidence suggesting that the same is true in Canada. In...
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increasing understanding that innovation is concentrated among a small number of generally large firms. We contribute to this … debate by showing that the innovation-employment link for a firm is dependent on its multinational status. While we find that … innovation for multinationals. While we do find evidence suggesting that such firms benefit from innovation done by other …
Persistent link: https://www.econbiz.de/10015419287
We provide evidence on household and market production in 36 countries since 1960. On average the household sector accounts for almost half of total hours worked. As GDP per capita increases, the employment share of household production in total hours worked initially declines and then hardly...
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