Economics at your fingertips  

Sectoral Employment, Wages and the Exchange Rate: Evidence from the U.S

Mohsen Bahmani-Oskooee (), Ida Mirzaie () and Ilir Miteza

Eastern Economic Journal, 2007, vol. 33, issue 1, 125-136

Abstract: The literature on the impact of devaluation on domestic production includes many studies that have used aggregate output data such as real GDP. A few recent studies have began looking at the response of sectoral output to currency depreciation. In this paper we consider eight sectors of the U.S. economy and investigate the production, nominal wages and the real wages of each sector to depreciation of the dollar using a new cointegration technique that does not require testing for unit roots. The main conclusion of the paper is that while depreciation of the dollar has short-run impact on all three variables, it has no long-run effects in most sectors.

Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Eastern Economic Journal is currently edited by Cynthia A. Bansak, St. Lawrence University and Allan A. Zebedee, Clarkson University

More articles in Eastern Economic Journal from Eastern Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Victor Matheson, College of the Holy Cross ().

Page updated 2019-11-05
Handle: RePEc:eej:eeconj:v:33:y:2007:i:1:p:125-136