Employment news and exchange rates: policy implications for the European Union

Authors
Apergis, N
Citation
N. Apergis, Employment news and exchange rates: policy implications for the European Union, APPL ECON L, 7(10), 2000, pp. 695-698
Citations number
12
Categorie Soggetti
Economics
Journal title
APPLIED ECONOMICS LETTERS
ISSN journal
13504851 → ACNP
Volume
7
Issue
10
Year of publication
2000
Pages
695 - 698
Database
ISI
SICI code
1350-4851(200010)7:10<695:ENAERP>2.0.ZU;2-6
Abstract
The relationship between employment news and exchange rates in five Europea n Union (EU) countries is investigated over the period 1980 to 1996. The em pirical evidence reveals that employment news has a negative impact on bila teral exchange rates with respect to the Deutschmark (DM) in all cases as a result of larger actual than expected employment figures.