We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …

exert a volatility amplifying effect, depending on the currency of denomination and the cyclicality of the borrower … consumption volatility of low- and middle-income countries. On constructing the debt-weighted effective exchange rates, we examine …

smooth their domestic consumption; however, it can also amplify volatility in consumption, depending on the currency in which … external debt portfolios, exchange rate cyclicality, and volatility in consumption of low- and middle-income countries. Since …

do so, I employ an open-economy time-varying parameter VAR with stochastic volatility, which I estimate by quasi … over time. German trend inflation has strongly decreased and settled at a historically low level. GDP growth volatility … shocks and the shock propagation processes. Thus, I conclude that business cycle stabilization in Germany is driven by both …

Germany. The new data set will regularly be updated when quarterly economic growth for Germany becomes available. We use the …

that estimation methodologies can have a significant effect on correlation coefficients. While CEEC central bankers tend to …

dynamics of oil price volatility by examining interactions between oil market and exchange rate in selected MENA countries …) to examine the presence of volatility spillover between oil prices and exchange rates return series. The econometric … rates, and ii) there is significant evidence of volatility spillovers from oil markets to exchange rate markets in the …

. One of the key findings is that the eurozone countries in trade with Norway have substantially increased their share of … and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … size, and product composition). However, the rise in producer currency invoicing by eurozone countries is primarily caused …