Unemployment and the real exchange rate in Latin America

被引：97

作者：

Frenkel, R ^{[1
]}

Ros, J

机构：

[1] CEDES, Buenos Aires, DF, Argentina

[2] Univ Notre Dame, Notre Dame, IN 46556 USA

来源：

WORLD DEVELOPMENT | 2006年 / 34卷 / 04期

关键词：

unemployment; real exchange rate; Latin America;

D O I：

10.1016/j.worlddev.2005.09.007

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

Today unemployment rates in several Latin American countries are similar or even higher than the highest unemployment rates among OECD economies. Open unemployment has become, for the first time in the region's history, a major dimension of the employment problem. This paper examines the role of the real exchange rate (R ER) in the recent unemployment performance of Latin America. It presents a model of the determinants of unemployment, the channels through which the RER influences unemployment performance, as well as the stylized facts and empirical results about this relationship giving special attention to the cases of Argentina, Brazil, Chile, and Mexico. (c) 2006 Elsevier Ltd. All rights reserved.

引用

页码：631 / 646

页数：16