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Exchange Rate Volatility and Employment Growth in Developing Countries : Evidence from Turkey
| Content Provider | Semantic Scholar |
|---|---|
| Copyright Year | 2010 |
| Abstract | Employing a unique panel of 691 private firms that accounted for 26% of total valueadded in manufacturing in Turkey, the paper explores the impacts of exchange rate volatility on employment growth during the period of 1983 2005. The empirical analysis using a variety of specifications, estimation techniques, and robustness tests suggests that exchange rate volatility has a statistically and economically significant employment growth reducing effect on manufacturing firms. Using point estimates, the results suggest that for an average firm a one standard deviation increase in real exchange rate volatility reduces employment growth in the range of 1.4 2.1 percentage points. JEL Classification Codes: F31, E24, L6 |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://mpra.ub.uni-muenchen.de/24477/1/MPRA_paper_24477.pdf |
| Alternate Webpage(s) | http://faculty-staff.ou.edu/D/Firat.Demir-1/Demir_WD2010_Exchange%20rate%20volatility%20and%20employment%20growth.pdf |
| Language | English |
| Access Restriction | Open |
| Subject Keyword | Estimated Specification Volatility |
| Content Type | Text |
| Resource Type | Article |