کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
962772 1479088 2010 16 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
International competitiveness, job creation and job destruction-An establishment-level study of German job flows
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
International competitiveness, job creation and job destruction-An establishment-level study of German job flows
چکیده انگلیسی
This study investigates the impact of international competitiveness on net employment, job creation, job destruction, and gross job flows for a representative sample of German establishments from 1993 to 2005. We find a statistically significant but economically small effect of real exchange rate shocks on employment, comparable to the one found in studies for the United States. However, contrary to the United States, the employment adjustment (among surviving firms) operates mainly through the job creation rather than the job destruction rate. Job destruction occurs essentially through discrete events such as restructuring, outsourcing and bankruptcy. We suggest that these findings are consistent with a highly regulated labor market, in which smooth adjustment is costly and possibly delayed.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of International Economics - Volume 80, Issue 2, March 2010, Pages 302-317
نویسندگان
, , ,