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...

ver descrição completa

Detalhes bibliográficos
Autor principal: Alexandre, Fernando (author)
Outros Autores: Bação, Pedro (author), Cerejeira, João (author), Portela, Miguel (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2010
Assuntos:
Texto completo:http://hdl.handle.net/1822/11716
País:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/11716