Structural real exchange rate and unemployment interdependencies in Argentina
Fil: Pentecost, Eric J. Loughborough University; Reino Unido.
Main Authors: | , |
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Format: | publishedVersion |
Language: | eng |
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2022
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Online Access: | http://hdl.handle.net/11086/27347 |
_version_ | 1806012025437945856 |
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author | Pentecost, Eric J. Zarzosa Valdivia, Fernando |
author_facet | Pentecost, Eric J. Zarzosa Valdivia, Fernando |
author_sort | Pentecost, Eric J. |
collection | Repositorio Digital Universitario |
description | Fil: Pentecost, Eric J. Loughborough University; Reino Unido. |
format | publishedVersion |
id | rdu-unc.27347 |
institution | Universidad Nacional de Cordoba |
language | eng |
publishDate | 2022 |
record_format | dspace |
spelling | rdu-unc.273472024-07-05T15:22:40Z Structural real exchange rate and unemployment interdependencies in Argentina Pentecost, Eric J. Zarzosa Valdivia, Fernando Structural real exchange rate Unemployment rate Factor productivity Capital endowments Terms of trade publishedVersion Fil: Pentecost, Eric J. Loughborough University; Reino Unido. Fil: Zarzosa Valdivia, Fernando. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina. Based on a three-sector micro-founded model of a small open economy, this paper investigates the interdependences between the structural real exchange rate (defi ned as the relative prices tradable to non-tradable goods prices) and the unemployment rate with an application to Argentina. The empirical results suggest a signifi cant, negative relationship between the structural real exchange rate and the rate of unemployment, suggesting that an appreciating real exchange rate may lead to Dutch disease effects – which effectively contract the size of the manufacturing sector – and damage long-term growth and employment opportunities. https://revistas.unc.edu.ar/index.php/REyE publishedVersion Fil: Pentecost, Eric J. Loughborough University; Reino Unido. Fil: Zarzosa Valdivia, Fernando. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina. Economía, Econometría 2022-07-18T21:27:18Z 2022-07-18T21:27:18Z 2014 article 0034-8066 http://hdl.handle.net/11086/27347 2451-7321 eng Atribución – No Comercial – Sin Obra Derivada 4.0 Internacional. http://creativecommons.org/licenses/by-nc-nd/4.0/. Impreso; Electrónico y/o Digital |
spellingShingle | Structural real exchange rate Unemployment rate Factor productivity Capital endowments Terms of trade Pentecost, Eric J. Zarzosa Valdivia, Fernando Structural real exchange rate and unemployment interdependencies in Argentina |
title | Structural real exchange rate and unemployment interdependencies in Argentina |
title_full | Structural real exchange rate and unemployment interdependencies in Argentina |
title_fullStr | Structural real exchange rate and unemployment interdependencies in Argentina |
title_full_unstemmed | Structural real exchange rate and unemployment interdependencies in Argentina |
title_short | Structural real exchange rate and unemployment interdependencies in Argentina |
title_sort | structural real exchange rate and unemployment interdependencies in argentina |
topic | Structural real exchange rate Unemployment rate Factor productivity Capital endowments Terms of trade |
url | http://hdl.handle.net/11086/27347 |
work_keys_str_mv | AT pentecostericj structuralrealexchangerateandunemploymentinterdependenciesinargentina AT zarzosavaldiviafernando structuralrealexchangerateandunemploymentinterdependenciesinargentina |