The Impact of Exchange Rate Volatility on Unemployment in Egypt
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F21%3A63535258" target="_blank" >RIV/70883521:28120/21:63535258 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The Impact of Exchange Rate Volatility on Unemployment in Egypt
Original language description
The study examines the impact of the exchange rate on the unemployment rate in Egypt. We used annual time series data for the period from 1980 to 2018. A six- variables vector autoregressive (VAR) model and the impulse response function (IRF) were employed. The results show that exchange rate volatility decreases unemployment and inflation while currency depreciation increases unemployment and inflation. Moreover, Currency appreciation positively impacts gross domestic product (GDP) growth rate, Imports, and exports. On the contrary, currency depreciation has a negative impact on the gross domestic product (GDP) growth rate, Imports, and exports. The main implication of these results is that the Egyptian government can use the exchange rate to enhance economic growth and fight against inflation and unemployment.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50201 - Economic Theory
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Młodzi Naukowcy 2.0
ISBN
978-83-959336-8-4
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
560-568
Publisher name
Centre of Sociological Research
Place of publication
Szczecin
Event location
Štětín
Event date
Jun 23, 2021
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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