摘要
论文使用172个经济体在1991-2010年间的面板数据,研究了汇率制度对于失业率的影响。研究发现,在其他条件保持不变时,相对于中间汇率制而言,在发达经济体中,浮动汇率制会降低失业率,而钉住汇率制则会提高失业率;在新兴市场经济体中,浮动汇率制会提高失业率,而钉住汇率制则会降低失业率;在不包括新兴市场外的发展中经济体中,中间汇率制下的失业率最低,而钉住汇率制下的失业率最高。
Using the panel data of 172 economies during 1991 - 2010, the paper performs a em- pirical study on the effect of exchange rate regimes on unemployment. The results show that, comparing to intermediate exchange rate regimes, floating exchange regimes decrease unemployment and pegging regimes increase unemployment in developed economies. In emerging e- conomies, floating regimes increase unemployment, and pegging regimes decrease it. However, in other developing economies, unemployment under intermediate exchange rate regimes is lowest, and that under pegging regimes is highest.
出处
《科学决策》
CSSCI
2014年第9期1-15,共15页
Scientific Decision Making
基金
教育部新世纪优秀人才计划(项目编号:NCET-13-0889)
上海市教委科研创新重点项目(项目编号:10zs51)
上海市曙光计划项目(项目编号:09SG32)