Data/hora: 03/06/2024 02:43:16

Provedor de dados: | 31
País: | United States
Título: | The Effects of Public Debt on Labor Demand in the United States
Autores: | Garcia-Jimenez,   Carlos I.; Mishra,   Ashok K.
Data: | 2010-01-12
Ano: | 2010
Palavras-chave: | Unemployment rate; Government; Budget deficit; Exchange rate; Trade deficit; FDI; Financial Economics; International Development; Labor and Human Capital; Political Economy; Public Economics; F31; J01; E24; E62.
Resumo: | The relationship between appreciation of the exchange rate and employment is investigated in the period 1980-2008 for the United States. Previous literature has found a negative relationship, studying as channels of transmission the role of exports, substitution of factors of production, terms of trade, openness, and productivity. This study endeavors to shed some light on the role of government debt on determining the level of employment through the exchange rate. The mechanism of transmission is defined. The model is derived from a standard Cobb Douglas production function having government debt affecting the growth of productivity. Exchange rate appreciations and increasing public debt were found to be detrimental to employment.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês
Identificador: | http://purl.umn.edu/56361
Relação: | Southern Agricultural Economics Association&gt;2010 Annual Meeting, February 6-9, 2010, Orlando, Florida
Formato: | 25