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We investigate the connection between commodity price shocks and unemployment in advanced resource-rich small open economies from an empirical and theoretical perspective. Shocks to commodity prices are shown to influence labour market conditions primarily through the real exchange rate...
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from this study show that commodity prices as represented by oil price changes and the growth of China's economy are the …
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This paper provides a comparative quantitative analysis of the relative effects of economic growth in the US and China … spillovers to New Zealand GDP are substantially greater from the US than from China, nevertheless growth in China induces larger … the New Zealand real exchange rate to growth in China. …
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