Capital mobility and unemployment dynamics
Subtitle: evidence from a panel of OECD countries
By: Giovanna Vallanti.
Contributors: London School of Economics and Political Science. Centre for Economic Performance.
Series: CEP discussion paper ;; no. 684; Discussion paper (London School of Economics and Political Science. Centre for Economic Performance : Online) ;; no. 684.
Publisher: Centre for Economic Performance, London School of Economics and Political Science
Published: 2005
Place of publication: London
Language: eng
Format: Electronic resource
Description: "We use a panel of 20 OECD countries over a 30-year period to estimate the implications of international capital mobility for unemployment. We find that the increase in capital flows since the mid 1980s has contributed to an amplification of the impulse response of unemployment to country-specific shocks and to a fall in the persistence of unemployment in response to the same shocks."
Notes: Includes bibliographical references.
Title from PDF file (viewed on Apr. 28, 2005).
"April 2005."
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Mode of access: World Wide Web.