Real Exchange Rates, Dollarization and Industrial Employment in Latin America

Galindo, Arturo; Izquierdo, Alejandro; Montero, José Manuel

dc.creator	Galindo, Arturo
dc.creator	Izquierdo, Alejandro
dc.creator	Montero, José Manuel
dc.date	2011-02-07T21:19:37Z
dc.date	2011-02-07T21:19:37Z
dc.date	2006-10-31
dc.date	2006-10-31
dc.date	2014-08-29T09:18:37Z
dc.date.accessioned	2014-09-09T00:55:29Z
dc.date.available	2014-09-09T00:55:29Z
dc.date.issued	2014-09-08
dc.identifier	http://www.iadb.org/en/publications/publication-detail,7101.html?id=6625
dc.identifier.uri	https://saber.ucab.edu.ve/xmlui/handle/123456789/15854
dc.description	This paper uses a panel dataset on industrial employment and trade for 9 Latin American countries for which liability dollarization data at the industrial level is available. It tests whether real exchange rate fluctuations have a significant impact on employment, and analyze whether the impact varies with the degree of trade openness and liability dollarization. Econometric evidence supports the view that real exchange rate depreciations can impact employment growth positively, but this effect is reversed as liability dollarization increases. In industries with high liability dollarization, the overall impact of a real exchange rate depreciation can be negative.
dc.format	ACROBAT
dc.language	en
dc.relation	IDB Working Paper Series
dc.subject	Emprego
dc.subject	Labor
dc.subject	Empleo
dc.subject	Setor Financeiro
dc.subject	Financial Sector
dc.subject	Sector financiero
dc.subject	WP-575
dc.title	Real Exchange Rates, Dollarization and Industrial Employment in Latin America
dc.type	Working Papers