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The Real Exchange Rate and Employment in China
Dao, Mai; Chen, Ruo - International Monetary Fund (IMF) - 2011
We examine the impact of real exchange rate fluctuations on sectoral and regional employment in China from 1980 to 2008 …. In contrast to theoretical predictions, employment in both the tradable and non-tradable sectors contracts following a … with employment data at the region-sector level. The results of this paper have important implications for China's labor …
Persistent link: https://www.econbiz.de/10009151232
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Can Higher Reserves Help Reduce Exchange Rate Volatility?
Nowak, M.; Hviding, Ketil; Ricci, Luca Antonio - International Monetary Fund (IMF) - 2004
This paper studies the role of an increase in foreign exchange reserves in reducing currency volatility for emerging market countries. The study employs a panel of 28 countries over the period 1986-2002. Several control variables are introduced in the regressions to account for other factors...
Persistent link: https://www.econbiz.de/10005825686