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The Unemployment Effect of Exchange Rate Volatility in Industrial Countries


Reference:

Feldmann, H., 2011. The Unemployment Effect of Exchange Rate Volatility in Industrial Countries. Working Paper. Bath, U. K.: Department of Economics, University of Bath. (Bath Economics Research Papers; 01/11)

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    Official URL:

    http://www.bath.ac.uk/economics/research/workingpapers.html

    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.

    Details

    Item Type Reports/Papers (Working Paper)
    CreatorsFeldmann, H.
    Uncontrolled Keywordsunemployment, exchange rate volatility
    DepartmentsFaculty of Humanities & Social Sciences > Economics
    Research CentresBath Economics Research
    StatusPublished
    ID Code24073

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