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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w5861 |
来源ID | Working Paper 5861 |
An International Comparison of Employment Adjustment to Exchange Rate Fluctuations | |
Simon Burgess; Michael M. Knetter | |
发表日期 | 1996-12-01 |
出版年 | 1996 |
语种 | 英语 |
摘要 | This paper evaluates the response of employment to exchange rate shocks at the industry level for the G-7 countries. Using a simple empirical framework that places little a priori structure on the pattern of response to shocks, we find the data are consistent with the view that employment in European industries, at least France and Germany, is much less influenced by exchange rate shocks and much slower to adjust to long run steady states. The United States, Japan, Canada, the United Kingdom and Italy all appear to adjust more quickly. German and Japanese employment are quite insensitive to exchange rate fluctuations, consistent with previous research on output and markup responses to exchange rates. |
主题 | Macroeconomics ; Consumption and Investment ; International Economics ; Trade |
URL | https://www.nber.org/papers/w5861 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/563355 |
推荐引用方式 GB/T 7714 | Simon Burgess,Michael M. Knetter. An International Comparison of Employment Adjustment to Exchange Rate Fluctuations. 1996. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w5861.pdf(1113KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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