Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/16170
Título: | Employment and exchange rates : the role of openness and technology |
Autor(es): | Alexandre, Fernando Bação, Pedro Cerejeira, João Portela, Miguel |
Palavras-chave: | Exchange rates International trade Job flows |
Data: | Dez-2011 |
Editora: | Springer |
Revista: | Open Economies Review |
Resumo(s): | Real exchange rate movements are important drivers of the reallocation of resources between sectors of the economy. Economic theory suggests that the impact of exchange rates should vary with the degree of exposure to international competition and with the technology level. We show that both the degree of openness and the technology level mediate the impact of exchange rate movements on labour market developments. According to our estimations, whereas employment in high-technology sectors seems to be relatively immune to changes in real exchange rates, these appear to have sizable and significant effects on highly open low-technology sectors. The analysis of job flows suggests that the impact of exchange rates on these sectors occurs through employment destruction. |
Tipo: | Artigo |
URI: | https://hdl.handle.net/1822/16170 |
DOI: | 10.1007/s11079-010-9191-z |
ISSN: | 0923-7992 |
Versão da editora: | http://www.springerlink.com/content/c420100863183656/ |
Arbitragem científica: | yes |
Acesso: | Acesso restrito UMinho |
Aparece nas coleções: | NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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Employment and exchange rates.pdf Acesso restrito! | Employment and Exchange Rates: The Role of Openness and Technology | 557,77 kB | Adobe PDF | Ver/Abrir |