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Aggregate exports are not very responsive to real exchange rates, though they respond strongly to trade liberalizations, a fact sometimes referred to as the International Elasticity Puzzle. We use micro data on firms and exports for Ireland to dissect the puzzle. Our identification strategy uses...
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We consider the job progression of immigrant women in five European countries: France, Italy, Spain, Sweden and the UK … spent in the country (approximately, 1% per year in Spain, Italy and the UK, and 2% and 4 % per year in France and Sweden … held relative to native-born women across our host countries. Further, with the exception of immigrants to Spain, they also …
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We assess the effectiveness of the forward guidance undertaken by European Central Bank using a standard medium-scale DSGE model à la Smets and Wouters (2007). Exploiting data on expectations from surveys, we show that incorporating expectations should be crucial in performance evaluation of...
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In this paper we examine the linkages between involvement into global value chains (GVCs) and the gender wage inequalities. We use merged wide-ranging Structure of Earning (SES) and World Input Output Database (WIOD) for the years 2002, 2006, 2010 and 2014, covering manufacturing industries of...
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