TY - JOUR
T1 - The unemployment effect of exchange rate volatility in industrial countries
AU - Feldmann, Horst
PY - 2011
Y1 - 2011
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=79955492440&partnerID=8YFLogxK
UR - http://dx.doi.org/10.1016/j.econlet.2011.01.003
U2 - 10.1016/j.econlet.2011.01.003
DO - 10.1016/j.econlet.2011.01.003
M3 - Article
SN - 0165-1765
VL - 111
SP - 268
EP - 271
JO - Economics Letters
JF - Economics Letters
IS - 3
ER -
