Dr Michael Nower's Outputs (2)

Losing sleep at the international market: Daylight Saving Time and exchange rates (2024)
Journal Article
Nower, M. (2024). Losing sleep at the international market: Daylight Saving Time and exchange rates. Economics Letters, 241, Article 111813. https://doi.org/10.1016/j.econlet.2024.111813

This article examines the impact of the move into and out of Daylight Saving Time (DST) on bilateral exchange rates. When a country starts DST, the value of its currency depreciates, which is reversed when the country exits DST.

International trade, non-trading firms and their impact on labour productivity (2019)
Preprint / Working Paper
Millard, S., Nicolae, A., & Nower, M. International trade, non-trading firms and their impact on labour productivity

In this paper we examine the impact of non-trading firms on labour productivity and its persistence in response to macroeconomic shocks, through their entry and exit into the domestic market, in a model with monopolistic competition and heterogeneous... Read More about International trade, non-trading firms and their impact on labour productivity.