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Aggregate and sector-specific exchange rate indexes for the Portuguese economy
Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - Gabinete de Estratégia e Estudos (GEE), Ministério da … - 2009
-specific exchange rates are more informative than aggregate exchange rates in explaining changes in employment: whereas aggregate … indexes are statistically insignificant in employment equations, regressions using sector-specific exchange rate indexes show … a statistically significant and economically large effect of exchange rates on employment. …
Persistent link: https://www.econbiz.de/10005010470
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Aggregate and sector-specific exchange rate indexes for the Portuguese economy
Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - Núcleo de Investigação em Políticas Económicas … - 2009
-specific exchange rates are more informative than aggregate exchange rates in explaining changes in employment: whereas aggregate … indexes are statistically in employment equations, regressions using sector-specific exchange rate indexes show a … statistically significant and economically large effect of exchange rates on employment. …
Persistent link: https://www.econbiz.de/10005042673
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Globalization & regionalization in international trade
Țigănașu, Ramona; Maha, Liviu George; Mursa, Claudiu … - In: CES working papers 1 (2009) 2, pp. 5-19
The concept of globalization refers to the growing interdependence of countries, resulting from the increasing integration of trade, finance, investments, labor markets and ideas in one globalmarketplace. The most important elements of this process are the international trade and the...
Persistent link: https://www.econbiz.de/10011992014
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Employment, exchange rates and labour market rigidity
Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - Grupo de Estudos Monetários e Financeiros (GEMF), … - 2010
understanding the dynamics of employment. In this paper, we show that the inclusion of labour adjustment costs in a trade model … affects the impact of exchange rate movements on employment. We also explore how labour market rigidities interact with the … with estimates obtained using panel data for 23 OECD countries. Namely, our estimates suggest that employment in low …
Persistent link: https://www.econbiz.de/10008615256
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Manufacturing Employment and Exchange Rates in the Portuguese Economy: The Role of Openness, Technology and Labour Market Rigidity
Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - Institute for the Study of Labor (IZA) - 2010
of the effect of the exchange rate on employment in Portugal. We develop an index that allows us to measure labour market … in the estimation of an employment regression, focusing on the effect of exchange rate movements. Our estimates indicate … that employment in low-technology sectors, with a high degree of trade openness and facing less rigidity in the labour …
Persistent link: https://www.econbiz.de/10008684804
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Manufacturing employment and exchange rates in the Portuguese economy: the role of openness, technology and labour market rigidity
Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - Grupo de Estudos Monetários e Financeiros (GEMF), … - 2010
effect of the exchange rate on the dynamics of employment in Portugal. Our estimates indicate that employment in low … market rigidity. These sectors are also more exposed to international competition. However, the bulk of employment …
Persistent link: https://www.econbiz.de/10008764839
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Employment and exchange rates: the role of openness and technology
Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - 2009
labour market developments. According to our estimations, whereas employment in high-technology sectors seems to be …-technology sectors. The analysis of job flows suggests that the impact of exchange rates on these sectors occurs through employment …
Persistent link: https://www.econbiz.de/10010269093
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Employment, exchange rates and labour market rigidity
Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - 2010
understanding the dynamics of employment. In this paper, we show that the inclusion of labour adjustment costs in a trade model … affects the impact of exchange rate movements on employment. We also explore how labour market rigidities interact with the … with estimates obtained using panel data for 23 OECD countries. Namely, our estimates suggest that employment in low …
Persistent link: https://www.econbiz.de/10010269855
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Manufacturing employment and exchange rates in the Portuguese economy: The role of openness, technology and labour market rigidity
Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - 2010
of the effect of the exchange rate on employment in Portugal. We develop an index that allows us to measure labour market … in the estimation of an employment regression, focusing on the effect of exchange rate movements. Our estimates indicate … that employment in lowtechnology sectors, with a high degree of trade openness and facing less rigidity in the labour …
Persistent link: https://www.econbiz.de/10010274597
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Employment and Exchange Rates: The Role of Openness and Technology
Alexandre, Fernando; Bação, Pedro; Cerejeira, João; … - Institute for the Study of Labor (IZA) - 2009
labour market developments. According to our estimations, whereas employment in high-technology sectors seems to be …-technology sectors. The analysis of job flows suggests that the impact of exchange rates on these sectors occurs through employment …
Persistent link: https://www.econbiz.de/10004999155