Relative efficacy of exchange rate policy and wage policy in Singapore.

• Main Authors: Huang, Xuehui., Koh, Chew Yen., Ye, Yiming.
• Other Authors: Tan, Kim Heng
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::General::Government policies
• Online Access: http://hdl.handle.net/10356/10000
• Institution: Nanyang Technological University

The paper examines empirically the impacts of wage policy and exchange rate policy on unemployment in Singapore. The empirical results reflect that a strong relationship with unemployment rates exist for both real wages and real effective exchange rates. Our findings lend empirical support to the no...