Macroeconomic determinants of unemployment in Nepal

Authors

  • Khubi Ram Acharya Lecturer, Faculty of Humanities and Social Science, Nepal Commerce Campus, Tribhuvan University, Nepal

DOI:

https://doi.org/10.3126/nccj.v5i1.56946

Keywords:

Unemployment, GDP, Inflation, Exchange Rate

Abstract

The relationship between unemployment and macroeconomic variables is complex, but it is generally accepted that increasing GDP, trade, and expansionary monetary policy lead to a decrease in the rate of unemployment. This paper tests this hypothesis for Nepal using time series data from 1991 to 2021 and a simple time series model. It is found that the increase in GDP, trade openness, money supply, and the rate of inflation decrease the unemployment rate in Nepal. These results have huge policy implications.

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Published

2020-12-31

How to Cite

Acharya, K. R. (2020). Macroeconomic determinants of unemployment in Nepal. NCC Journal, 5(1), 39–44. https://doi.org/10.3126/nccj.v5i1.56946

Issue

Vol. 5 No. 1 (2020)

Section

Articles

License

© Nepal Commerce Campus, Tribhuvan University

CC BY-NC: This license enables reusers to distribute, remix, adapt, and build upon the material in any medium or format for noncommercial purposes only, and only so long as attribution is given to the creator.