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A recent literature has pointed at potential negative effects of exchange rate volatility on innovation. In this paper … years 1987 - 2003. We find that the direct negative effect of volatility is pronounced in manufacturing sector but is … openness on a sectoral level. -- R&D intensity ; Innovation ; Real Exchange Rate ; Volatility ; Exports ; OECD-Countries …
Persistent link: https://www.econbiz.de/10003887126
A recent literature has pointed at potential negative effects of exchange rate volatility on innovation. In this paper … years 1987 - 2003. We find that the direct negative effect of volatility is pronounced in manufacturing sector but is … openness on a sectoral level. -- R&D intensity ; Innovation ; Real Exchange Rate ; Volatility ; Exports ; OECDCountries …
Persistent link: https://www.econbiz.de/10003864485
Persistent link: https://www.econbiz.de/10003563999
Inequalities between workers of different skills have been growing in the era of globalization. Firms' internationalization mode has an impact on job stability. Exporting firms are not only exposed to different foreign shocks, they also pay skill-intensive fixed costs to serve foreign markets....
Persistent link: https://www.econbiz.de/10011973974
We propose an aggregate growth index that explicitly accounts for non-normality in the micro-economic distribution of firm growth rates and for the presence of a negative scaling relation between their volatility and the size of the firm. Using Compustat data on US publicly traded company, we...
Persistent link: https://www.econbiz.de/10011729428
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bonds in Germany. This feature is particularly attractive for the bond market, where OTC transactions account for most …
Persistent link: https://www.econbiz.de/10001455520
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