Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/55129 
Year of Publication: 
2011
Series/Report no.: 
IZA Discussion Papers No. 5931
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Coordination of macro-economic development and employment is an essential issue for China's social development, which largely depends on economic expansion, as well as integration into the global market to create jobs. Through the literature review and empirical test, this paper analyses the relationship between macro-economic policy and employment, and discusses the impact of real exchange rate and foreign trade on employment. The research indicates that a stable and competitive exchange rate policy plays an indispensable role in employment promotion, more effective than monetary and fiscal policies, while the export growth also plays a positive role in employment promotion.
Subjects: 
China
employment
foreign trade
real exchange rate
JEL: 
E24
O23
O24
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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