What is the relationship between economic growth and its volatility? Does political instability affect growth directly … or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual … legislative changes) has an indirect (through volatility) negative impact. We also find preliminary support for the idea that …

thereby fosters economic growth. We apply a structural estimation approach to fully track the endogenous mechanisms of the …

In 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 …

representative sample of the German population. The empirical estimation takes the rare events nature of becoming a nascent …

empirical estimation takes the rare events nature of becoming a nascent entrepreneur and the regional stratification of the …

data from a recent representative survey of the adult population in Germany this paper uses an empirical model for the …

explain the increase in the unemployment rates of unskilled and elder workers in western Germany. To answer this question we … these reforms. We try both nonparametric and fully-parametric estimation methods and identify the cases in which the …

trade. This paper uses a large and rich set of linked employer-employee data from Germany to demonstrate that these premia …