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Since a series of crisis events after 2007, the discussion about the adjustment channels of current account imbalances has been revived. We discuss the effectiveness of exchange rates versus macroeconomic policies to rebalance current accounts for a set of 86 mainly emerging market economies. We...
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Understanding the effects of exchange rate fluctuations across the population is important for increasingly globalized economies. Previous studies using industry aggregate data have found that industry wages are significantly more responsive than industry employment to exchange rate changes. We...
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. The reader will find new results on ""non-spurious"" mismatch tendencies, occu¤ pational reallocation, the matching of … apprentices, and the importance of matching and mobility for wage differentials. Keywords: Labour economics, Employment … mismatch? A time series analysis of existing concepts.- Disaggregate matching functions, spurious mismatch and occupational …
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