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https://hdl.handle.net/2440/57627
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Type: | Journal article |
Title: | Supply shocks and employment in an open economy |
Author: | Collard, F. Dellas, H. |
Citation: | Economics Letters, 2004; 82(1):231-237 |
Publisher: | Elsevier Science SA |
Issue Date: | 2004 |
ISSN: | 0165-1765 |
Statement of Responsibility: | Fabrice Collard and Harris Dellas |
Abstract: | Following a positive technology shock, an open economy (or multisector, closed) flexible price model can easily generate a decline in employment if domestic and foreign intermediate goods are gross complements. For sufficiently high complementarity, it can also produce a decrease in output. |
Keywords: | Technological shocks Employment Open economy |
DOI: | 10.1016/j.econlet.2003.08.007 |
Description (link): | http://www.elsevier.com/wps/find/journaldescription.cws_home/505574/description#description |
Published version: | http://dx.doi.org/10.1016/j.econlet.2003.08.007 |
Appears in Collections: | Aurora harvest 5 Economics publications |
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