| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w7466 |
| 来源ID | Working Paper 7466 |
| Job Creation, Job Destruction, and the Real Exchange Rate | |
| Michael W. Klein; Scott Schuh; Robert K. Triest | |
| 发表日期 | 2000 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | This paper contributes to an understanding of internationally generated adjustment costs by demonstrating a statistically significant and economically relevant effect of the real exchange rate on job creation and job destruction in U.S. manufacturing industries over the period 1973 to 1993. The responsiveness of these gross job flows to the real exchange rate reflects pervasive heterogeneity with respect to international conditions across firms, even within narrowly defined industries. We document this heterogeneity and show that the responsiveness of job flows to movements in the real exchange rate varies with the industry's openness to international trade. We also show an asymmetry in the responsiveness of job flows to the real exchange rate; appreciations play a significant role in job destruction, but job flows do not respond significantly to dollar depreciations. |
| 主题 | International Economics ; International Macroeconomics |
| URL | https://www.nber.org/papers/w7466 |
| 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/565012 |
| 推荐引用方式 GB/T 7714 | Michael W. Klein,Scott Schuh,Robert K. Triest. Job Creation, Job Destruction, and the Real Exchange Rate. 2000. |
| 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 | ||
| w7466.pdf（384KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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