Employment, exchange rates and labour market rigidity

There is increasing evidence that the interaction between shocks and labour market institutions is crucial to understanding the dynamics of employment. In this paper, we show that the inclusion of labour adjustment costs in a trade model affects the impact of exchange rate movements on employment. W...

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Bibliographic Details
Main Author: Alexandre, Fernando (author)
Other Authors: Bação, Pedro (author), Cerejeira, João (author), Portela, Miguel (author)
Format: workingPaper
Language:eng
Published: 2010
Subjects:
Exchange rates
International trade
Job flows
Employment protection
Online Access:http://hdl.handle.net/1822/11716
Country:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/11716

Internet

http://hdl.handle.net/1822/11716

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