EconPapers    
Economics at your fingertips  
 

ANALYSES OF THE RELATIONSHIP BETWEEN EXCHANGE RATES AND EMPLOYMENT IN KOREA

Wanjoong Kim
Additional contact information
Wanjoong Kim: SK Research Institute

Journal of Economic Development, 2005, vol. 30, issue 2, pages 131-153

Abstract: Previous studies about relationship between exchange rates and employment focus on only developed countries. But country characteristics in developing countries are different from those of developed countries. So this paper examines the relationship between two variables using 28 industry data in a developing country, Korea. The results show that generally, Korean employment responds positively to exchange rate shocks. All industries with high openness and low imported input ratio show a positive sign in employment to the shocks. Most industries showing a negative sign in the employment response to the shocks belong to industries with middle or low openness. As expected, Korea employment more responds to exchange rate shock than US employment.

Keywords: Exchange Rates; Employment; Korea (search for similar items in EconPapers)
JEL-codes: F31 F3 F4 E24 (search for similar items in EconPapers)
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.jed.or.kr/full-text/30-2/J07_711.PDF (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: http://EconPapers.repec.org/RePEc:jed:journl:v:30:y:2005:i:2:p:131-153

Access Statistics for this article

Journal of Economic Development is edited by Changhui Kang

More articles in Journal of Economic Development from Chung-Ang Unviersity, Department of Economics
Contact information at EDIRC.
Series data maintained by Changhui Kang ().

 
Page updated 2014-01-21
Handle: RePEc:jed:journl:v:30:y:2005:i:2:p:131-153