Gender and Monetary Policy: Labour Impacts of Exchange Rate Shocks

Louisa Roos ()
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Louisa Roos: Department of Economics, Trinity College Dublin

No tep0725, Economic Papers from Trinity College Dublin, Economics Department

Abstract: This paper examines how women and men’s labour respond differently to monetary policy changes, particularly exchange rate policy. The study leverages the unexpected unpegging of the Swiss franc from the Euro in 2015, which led to a significant appreciation of the Swiss franc. This currency appreciation increased women’s work volume relative to men’s. The effect is especially pronounced among the least educated women, who act as a labour buffer and are most responsive to macroeconomic fluctuations, underscoring the nuanced gender effects of monetary policy.

Keywords: monetary policy; exchange rate; gender; labour (search for similar items in EconPapers)
JEL-codes: B54 E52 J16 J21 (search for similar items in EconPapers)
Pages: 46 pages
Date: 2025-07
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Persistent link: https://EconPapers.repec.org/RePEc:tcd:tcduee:tep0725

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