Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/20876 
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dc.contributor.authorBuscher, Herbert S.en
dc.contributor.authorMueller, Claudiaen
dc.date.accessioned2009-01-28T16:17:30Z-
dc.date.available2009-01-28T16:17:30Z-
dc.date.issued1999-
dc.identifier.urihttp://hdl.handle.net/10419/20876-
dc.description.abstractIn this paper, a survey on theoretically expected and empirically proved impacts of exchangerate volatility is given. With regard to the West German unemployment, the effects ofvolatility are empirically analysed using three different volatility measures and four countrygroups. In autoregressive models, a significant disturbing impact of volatility can be foundwith annual data as well as with monthly data for the whole period. While this impact doesnot differ for the three volatility measures, it is, however, less strong when using the monthlydata. Differentiating for different subperiods by use of the monthly data, the reported impactis stronger for relatively stable periods and country groups. When isolating the cyclicalcomponent of the unemployment rate, it can be demonstrated that the whole reportedimpact solely affects this component. In a dynamic Okun-type relation, an additionalsignificant impact of volatility, however, cannot be proved for all subperiods.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x37en
dc.subject.jelF31en
dc.subject.jelE32en
dc.subject.jelF16en
dc.subject.ddc330en
dc.subject.keywordEuropean Monetary Unionen
dc.subject.keywordexchange rate volatilityen
dc.subject.keywordOkun?s lawen
dc.subject.keywordWest German labour marketen
dc.subject.stwWechselkursen
dc.subject.stwVolatilitäten
dc.subject.stwBeschäftigungseffekten
dc.subject.stwArbeitslosigkeiten
dc.subject.stwOkuns? Lawen
dc.subject.stwKonjunkturen
dc.subject.stwEuropäische Wirtschafts- und Währungsunionen
dc.subject.stwSchätzungen
dc.subject.stwDeutschlanden
dc.titleExchange Rate Volatility Effects on the German Labour Market: A Survey of Recent Results and Extensions-
dc.typeWorking Paperen
dc.identifier.ppn830175555en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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