The Unemployment Effect of Exchange Rate Volatility in Industrial Countries

Horst Feldmann

The Unemployment Effect of Exchange Rate Volatility in Industrial Countries

Horst Feldmann

Department of Economics

Research output: Working paper / Preprint › 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 language	English
Place of Publication	Bath, U. K.
Publisher	Department of Economics, University of Bath
Publication status	Published - 2011

Publication series

Name	Bath Economics Research Working Papers
No.	1/11

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

Keywords

unemployment
exchange rate volatility

Access to Document

0111.pdfFinal published version, 210 KB

Cite this

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