|
AgEcon Search >
Southern Agricultural Economics Association >
2010 Annual Meeting, February 6-9, 2010, Orlando, Florida >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/56361
|
| Title: | The Effects of Public Debt on Labor Demand in the United States |
| Authors: | Garcia-Jimenez, Carlos I.
Mishra, Ashok K. |
| Authors (Email): | Garcia-Jimenez, Carlos I. (cgarci8@lsu.edu)
Mishra, Ashok K. (AMishra@agcenter.lsu.edu) |
| Keywords: | Unemployment rate
government
budget deficit
exchange rate
trade deficit
FDI |
| JEL Codes: | F31
J01
E24
E62 |
| Issue Date: | 2010-02-06 |
| Abstract: | 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. |
| URI: | http://purl.umn.edu/56361 |
| Institution/Association: | Southern Agricultural Economics Association>2010 Annual Meeting, February 6-9, 2010, Orlando, Florida |
| Total Pages: | 25 |
| Collections: | 2010 Annual Meeting, February 6-9, 2010, Orlando, Florida
|
Files in This Item:
| File |
Description |
Size | Format |
|---|
| employment and exchange rate Research Paper4.pdf | Main paper for The Effects of Public Debt on Labor Demand in the United States | 196Kb | PDF | View/Open |
|
Recommend this item
All items in AgEcon Search are protected by copyright.
|
