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Persistent link: https://www.econbiz.de/10002718112
The purpose of this paper is to assess under what conditions exchange rate volatility exerts a positive effect on a firm's labour demand. As the exchange rate volatility increases, so does the value of the export option provided the firm under study is flexible. Flexibility is important because...
Persistent link: https://www.econbiz.de/10010296377
The competitive allocation of labor across different sectors of an economy may not be socially optimal when one sector uses foreign capital. We argue that a suitably designed government intervention is required to restrict the sectors to their optimal size and maximize national welfare. Such a...
Persistent link: https://www.econbiz.de/10010296787
Persistent link: https://www.econbiz.de/10002166760
The competitive allocation of labor across different sectors of an economy may not be socially optimal when one sector uses foreign capital. We argue that a suitably designed government intervention is required to restrict the sectors to their optimal size and maximize national welfare. Such a...
Persistent link: https://www.econbiz.de/10002533708
The competitive allocation of labor across different sectors of an economy may not be socially optimal when one sector uses foreign capital. We argue that a suitably designed government intervention is required to restrict the sectors to their optimal size and maximize national welfare. Such a...
Persistent link: https://www.econbiz.de/10009226241
Persistent link: https://www.econbiz.de/10014556235
The purpose of this paper is to assess under what conditions exchange rate volatility exerts a positive effect on a firm’s labour demand. As the exchange rate volatility increases, so does the value of the export option provided the firm under study is flexible. Flexibility is important...
Persistent link: https://www.econbiz.de/10005593810
Der Außenbeitrag einer Ökonomie wird nach dem intertemporalen Ansatz zum Verständnis der Leistungsbilanz verursacht durch inländische Spar- und Investitionsentscheidungen. Dieser Ansatz wird erweitert umeine theoretische und empirische Analyse der Auswirkungen laufender internationaler...
Persistent link: https://www.econbiz.de/10010305445
Der Außenbeitrag einer Ökonomie wird nach dem intertemporalen Ansatz zum Verständnis der Leistungsbilanz verursacht durch inländische Spar- und Investitionsentscheidungen. Dieser Ansatz wird erweitert um eine theoretische und empirische Analyse der Auswirkungen laufender internationaler...
Persistent link: https://www.econbiz.de/10010507019