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The effects of dollar appreciation on sectoral labor market adjustments : theory and evidence

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The Effects of Dollar Appreciation on Sectoral Labor Market Adjustments : Theory and Evidence

Kandil, Magda; Mirzaie, Ida A. - 2003

We examine the extent to which exchange rate fluctuations affect sectoral employment and wages in the United States. We introduce a theoretical rational expectation model that decomposes movements in the exchange rate into anticipated and unanticipated components. The model demonstrates the...

Persistent link: https://www.econbiz.de/10014093208