The Unemployment Effect of Exchange Rate Volatility in Industrial Countries

Horst Feldmann

No 01/11, Department of Economics Working Papers from University of Bath, Department of Economics

Abstract: Using data on 17 industrial countries from 1982 to 2003 and controlling for a wide array of factors, this paper finds that higher exchange rate volatility increases the unemployment rate. The magnitude of the effect is small. The results are robust to variations in specification.

Keywords: unemployment; exchange rate volatility (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (14)

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Related works:
Journal Article: The unemployment effect of exchange rate volatility in industrial countries (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:eid:wpaper:24073

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