Showing 1 - 10 of 3,966
. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different …In this paper, a survey on theoretically expected and empirically proved impacts of exchange rate volatility is given … volatility measures and four country groups. In autoregressive models, a significant disturbing impact of volatility can be found …
Persistent link: https://www.econbiz.de/10010262270
. With regard to the West German unemployment, the effects of volatility are empirically analyzed using three different …In this paper, a survey on theoretically expected and empirically proved impacts of exchange rate volatility is given … volatility measures and four country groups. In autoregressive models, a significant disturbing impact of volatility can be found …
Persistent link: https://www.econbiz.de/10005566669
Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This … paper applies several tests for asymmetry to aggregate British, German and US unemployment data to assess the relevance of …
Persistent link: https://www.econbiz.de/10010262548
This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …
Persistent link: https://www.econbiz.de/10010274586
This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … could account for volatility differences across member states, but labor market characteristics have remained very diverse …. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …
Persistent link: https://www.econbiz.de/10010277963
Diamond (1994) that an individual?s probability of leaving unemployment decreases with unemployment duration and increases …
Persistent link: https://www.econbiz.de/10010262575
This study examines individuals? unemployment experiences from the age of 18 up to the age of 35 using a large panel of … administrative records on unemployment related benefit claims of men in the United Kingdom over the past two decades. The main focus … is on the extent to which individuals? unemployment experiences are affected by regional and skill differences, i …
Persistent link: https://www.econbiz.de/10010262576
large immigrant receiving countries, Germany and the UK. We show that, despite large differences in their immigrant … cycle component. We find significantly larger unemployment responses to economic shocks for low-skilled workers relative to …
Persistent link: https://www.econbiz.de/10010271332
There is increasing evidence that the interaction between shocks and labour market institutions is crucial to understanding the dynamics of employment. In this paper, we show that the inclusion of labour adjustment costs in a trade model affects the impact of exchange rate movements on...
Persistent link: https://www.econbiz.de/10010269855
We study the impact of the Brexit referendum on Irish exporters to the UK. The referendum triggered a sharp devaluation of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK and the EU. Using administrative data on the universe of...
Persistent link: https://www.econbiz.de/10015097108