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Author Kim, Wanjoong
Source CiteSeerX
Content type Text
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Subject Domain (in DDC) Computer science, information & general works ♦ Data processing & computer science
Subject Keyword Relationship Exchange Rate Employment Korea ♦ Rate Shock ♦ Developed Country ♦ Exchange Rate ♦ Input Ratio ♦ Previous Study ♦ U Employment ♦ High Openness ♦ Korean Employment ♦ Country Characteristic ♦ Employment Response ♦ Korea Employment ♦ Low Openness ♦ Positive Sign ♦ Negative Sign ♦ Developing Country ♦ Industry Data ♦ Employment Focus
Abstract Previous studies about relationship between exchange rates and employment focus on only developed countries. But country characteristics in developing countries are different from those of developed countries. So this paper examines the relationship between two variables using 28 industry data in a developing country, Korea. The results show that generally, Korean employment responds positively to exchange rate shocks. All industries with high openness and low imported input ratio show a positive sign in employment to the shocks. Most industries showing a negative sign in the employment response to the shocks belong to industries with middle or low openness. As expected, Korea employment more responds to exchange rate shock than US employment.
Educational Role Student ♦ Teacher
Age Range above 22 year
Educational Use Research
Education Level UG and PG ♦ Career/Technical Study
Learning Resource Type Article