The Unemployment Effect of Exchange Rate Volatility in Industrial Countries

Research output: Working paper

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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.
Original languageEnglish
Place of PublicationBath, U. K.
PublisherDepartment of Economics, University of Bath
Publication statusPublished - 2011

Publication series

NameBath Economics Research Working Papers
No.01/11

Keywords

  • unemployment
  • exchange rate volatility

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  • Cite this

    Feldmann, H. (2011). The Unemployment Effect of Exchange Rate Volatility in Industrial Countries. (Bath Economics Research Working Papers; No. 01/11). Department of Economics, University of Bath.