Löschel, Andreas; Oberndorfer, Ulrich - In: Jahrbücher für Nationalökonomie und Statistik 229 (2009) 2-3, pp. 146-162
Summary In this paper, we analyze oil price impacts on unemployment for Germany. Firstly, we survey theoretical and … empirical literature on the oil-unemployment relationship and relate them to the German case. Secondly, we illustrate this issue … data from 1973 to 2008, we show that oil price increases induce a rise in unemployment in the German labor market …