Exchange rates and employment in Turkish manufacturing
AbstractThis paper investigates the effects of exchange rate fluctuations on Turkish manufacturing employment and wages using data for a panel of manufacturing industries over the period 1981-1999. The net effect of depreciations are found to be negative for both employment and wages, though the effects on wages are more pronounced. The negative effect of high dependency of Turkish manufacturing industries on foreign inputs overcomes the positive effect of depreciations on competitiveness.
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Bibliographic InfoPaper provided by EconWPA in its series International Finance with number 0501004.
Length: 24 pages
Date of creation: 28 Jan 2005
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Note: Type of Document - pdf; pages: 24
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exchange rates; labor market; manufacturing; Turkey;
Find related papers by JEL classification:
- F3 - International Economics - - International Finance
- F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
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