| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6752 |
| DP6752 The Rise and Fall of Asylum: What Happened and Why? | |
| Timothy Hatton | |
| 发表日期 | 2008-03-20 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | This study investigates the impact of international competitiveness on net employment, job creation, job destruction, and gross job flows for a representative sample of German establishments from 1993 to 2005. We find a statistically significant but economically small effect of real exchange rate shocks on employment, comparable to the one found in studies for the United States. However, contrary to the United States, the employment adjustment (among surviving firms) operates mainly through the job creation rather than the job destruction rate. Job destruction occurs essentially through discrete events such as restructuring, outsourcing and bankruptcy. We suggest that these findings are consistent with a highly regulated labour market, in which smooth adjustment is costly and possibly delayed. |
| 主题 | International Macroeconomics |
| 关键词 | Attrition estimator Gross worker flows International competitiveness Inverse probability weighted gmm Real exchange rate |
| URL | https://cepr.org/publications/dp6752 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535588 |
| 推荐引用方式 GB/T 7714 | Timothy Hatton. DP6752 The Rise and Fall of Asylum: What Happened and Why?. 2008. |
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