Exchange rates and employment in Turkish manufacturing

Alpay Filiztekin

International Finance from University Library of Munich, Germany

Abstract: This paper investigates the effects of exchange rate fluctuations on Turkish manufacturing employment and wages using data for a panel of manufacturing industries over the period 1981-1999. The net effect of depreciations are found to be negative for both employment and wages, though the effects on wages are more pronounced. The negative effect of high dependency of Turkish manufacturing industries on foreign inputs overcomes the positive effect of depreciations on competitiveness.

Keywords: exchange rates; labor market; manufacturing; Turkey (search for similar items in EconPapers)
JEL-codes: F3 F4 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2005-01-28
New Economics Papers: this item is included in nep-cwa
Note: Type of Document - pdf; pages: 24
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpif:0501004

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