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Exchange rates and wages in an integrated world /

We analyze how the pass-through from exchange rate to domestic wages depends on the degree of integration between domestic and foreign labor markets. Using data from 66 countries over the period 1981-2005, we find that the elasticity of domestic wages to real exchange rate is 0.1 after a year for co...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Mishra, Prachi, 1975- (Autor), Spilimbergo, Antonio (Autor)
Autor Corporativo: International Monetary Fund. Research Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2009.
Colección:IMF working paper ; WP/09/44.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Mishra, Prachi,  |d 1975-  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PCjGCtpYyGhXm7mJbwtyYpq 
245 1 0 |a Exchange rates and wages in an integrated world /  |c prepared by Prachi Mishra and Antonio Spilimbergo. 
260 |a [Washington, D.C.] :  |b International Monetary Fund,  |c ©2009. 
300 |a 1 online resource (42 pages) :  |b illustrations 
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504 |a Includes bibliographical references (pages 29-30). 
588 0 |a Print version record. 
520 |a We analyze how the pass-through from exchange rate to domestic wages depends on the degree of integration between domestic and foreign labor markets. Using data from 66 countries over the period 1981-2005, we find that the elasticity of domestic wages to real exchange rate is 0.1 after a year for countries with high barriers to external labor mobility, but about 0.4 in countries with low barriers to mobility. The results are robust to the inclusion of various controls, different measures of exchange rates, and concepts of labor market integration. These findings call for including labor mobili. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Foreign exchange rates. 
650 6 |a Taux de change. 
650 7 |a Foreign exchange rates  |2 fast 
700 1 |a Spilimbergo, Antonio,  |e author. 
710 2 |a International Monetary Fund.  |b Research Department. 
776 0 8 |i Print version:  |a Mishra, Prachi, 1975-  |t Exchange rates and wages in an integrated world.  |d [Washington, D.C.] : International Monetary Fund, ©2009  |w (OCoLC)469153837 
830 0 |a IMF working paper ;  |v WP/09/44. 
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