Business, Management and Accounting
4 years ago

RMB exchange rate fluctuations significantly impact employment in my country.

Academic Journal of Business & Management
Research on the Impact of RMB Exchange Rate Fluctuation on Employment in my country
Fang Yuan

Paper Summary

The RMB exchange rate level and its fluctuations have a nonlinear effect on employment in my country. The impact on employment growth changes rapidly between linear and nonlinear, and is closely related to the fluctuation of the RMB exchange rate. As the RMB exchange rate volatility increases, the non-linear impact on employment in our country becomes very significant.

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