Employment news and exchange rates: policy implications for the European Union

Nicholas Apergis ()

Applied Economics Letters, 2000, vol. 7, issue 10, pages 695-698

Abstract: The relationship between employment news and exchange rates in five European Union (EU) countries is investigated over the period 1980 to 1996. The empirical evidence reveals that employment news has a negative impact on bilateral exchange rates with respect to the Deutschmark (DM) in all cases as a result of larger actual than expected employment figures.

Date: 2000
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