Most debates on part-time employment simply compare part-time employment with the 'standard' full-time employment. However, the heterogeneity of part-timers is much bigger than that of full-time workers, and it is necessary to take this heterogeneity into account. The aim of this paper is to...

This paper empirically assesses the impact of OECD exchange rate uncertainty on German employment claimed by real option theory. Since orders of integration of regressors are not exactly known, a new bounds procedure is applied to test for cointegrating relationships among macroeconomic labour...