Date of Award
8-2013
Document Type
Thesis
Degree Name
Master of Arts (MA)
Legacy Department
Economics
Committee Chair/Advisor
Jerzmanowski, Michal M
Committee Member
Simon , Curtis J
Committee Member
Wood , Daniel H
Abstract
In this paper, I examine the relationship between unemployment rate and real effective exchange rate in several countries from 1994 to 2009. The analysis shows that most of countries have a negative relationship between those two factors, which implies increase of exchange rate can improve employment rate in an economy. However, re-exporting countries like the Netherlands, Singapore and Hong Kong has a less negative relationship than other countries. I hypothesize that those results are caused by the different elasticity of demand for imports.
Recommended Citation
He, Xiaolong, "REAL EFFECTIVE EXCHANGE RATE AND UNEMPLOYMENT RATE: THE DIFFERENCE BETWEEN RE-EXPORTING AND NON-RE-EXPORTING COUNTRIES" (2013). All Theses. 1716.
https://open.clemson.edu/all_theses/1716