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来源类型Working Paper
规范类型报告
DOI10.3386/w5861
来源IDWorking 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
URLhttps://www.nber.org/papers/w5861
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/563355
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GB/T 7714
Simon Burgess,Michael M. Knetter. An International Comparison of Employment Adjustment to Exchange Rate Fluctuations. 1996.
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