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This paper studies the relationship between industry diversity and economic stability. The economic stability has been estimated using a panel-GARCH model. Our sample consists of US county-level data for the period 2003 to 2017. The results suggest that industry diversity improves economic...
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This paper examines the extent of misalignment of the real effective exchange rate (REER) of South African rand. With South Africa being an open emerging market economy closely linked with global markets, the country’s economy is susceptible to external shocks and changes in global trade...
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Movements of labor across the world is an ongoing debate in the literature in terms of its drivers and results in sending and receiving areas. Skill composition of immigrant labor has been discussed by several papers, although they generally focused on visa policies or firm level productivity....
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