Feldmann, H., 2011. The Unemployment Effect of Exchange Rate Volatility in Industrial Countries. Working Paper. Bath, UK: Department of Economics, University of Bath. (Bath Economics Research Working Papers; 01/11)
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.
|Item Type ||Reports/Papers (Working Paper)|
|Uncontrolled Keywords||unemployment, exchange rate volatility|
|Departments||Faculty of Humanities & Social Sciences > Economics|
|Research Centres||Bath Economics Research|
|Additional Information||ID number: 01/11|
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