| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w8137
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| 来源ID | Working Paper 8137
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| Exchange Rates and Wages |
| Linda Goldberg; Joseph Tracy
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| 发表日期 | 2001-02-01
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| 出版年 | 2001
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| 语种 | 英语
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| 摘要 | The effects of exchange rate fluctuations across the population is an important issue for increasingly globalized economies. Previous studies using industry aggregate data have found differences across industries in the labor market implications of exchange rates, reporting that industry wages are significantly more responsive than industry employment. We offer an explanation for this paradoxical finding. Using Current Population Survey data for 1976 through 1998, we document that the main mechanism for exchange rate effects on wages occurs through job turnover and the strong consequences this has for the wages of workers undergoing such job transitions. By contrast, workers who remain with the same employer experience little if any wage impacts from exchange rate shocks. In addition, we find that the least educated workers who also have the most frequent job changes shoulder the largest adjustments to exchange rates. |
| 主题 | International Economics
; International Finance
; International Macroeconomics
|
| URL | https://www.nber.org/papers/w8137
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/565730
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推荐引用方式
GB/T 7714 |
Linda Goldberg,Joseph Tracy. Exchange Rates and Wages. 2001.
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文件名：
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w8137.pdf
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格式：
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Adobe PDF
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