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dc.contributor.authorBuscher, Herbert S.en_US
dc.contributor.authorMueller, Claudiaen_US
dc.date.accessioned2009-01-28T16:17:30Z-
dc.date.available2009-01-28T16:17:30Z-
dc.date.issued1999en_US
dc.identifier.urihttp://hdl.handle.net/10419/20876-
dc.description.abstractIn this paper, a survey on theoretically expected and empirically proved impacts of exchange rate volatility is given. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different volatility measures and four country groups. In autoregressive models, a significant disturbing impact of volatility can be found with annual data as well as with monthly data for the whole period. While this impact does not differ for the three volatility measures, it is, however, less strong when using the monthly data. Differentiating for different subperiods by use of the monthly data, the reported impact is stronger for relatively stable periods and country groups. When isolating the cyclical component of the unemployment rate, it can be demonstrated that the whole reported impact solely affects this component. In a dynamic Okun-type relation, an additional significant impact of volatility, however, cannot be proved for all subperiods.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 37en_US
dc.subject.jelF31en_US
dc.subject.jelE32en_US
dc.subject.jelF16en_US
dc.subject.ddc330en_US
dc.subject.keywordEuropean Monetary Unionen_US
dc.subject.keywordexchange rate volatilityen_US
dc.subject.keywordOkun?s lawen_US
dc.subject.keywordWest German labour marketen_US
dc.subject.stwWechselkursen_US
dc.subject.stwVolatilitäten_US
dc.subject.stwBeschäftigungseffekten_US
dc.subject.stwArbeitslosigkeiten_US
dc.subject.stwOkuns? Lawen_US
dc.subject.stwKonjunkturen_US
dc.subject.stwEuropäische Wirtschafts- und Währungsunionen_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleExchange Rate Volatility Effects on the German Labour Market: A Survey of Recent Results and Extensionsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn267684495en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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