. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different … cyclical component of the unemployment rate, it can be demonstrated that the whole reported impact solely affects this …

. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different … cyclical component of the unemployment rate, it can be demonstrated that the whole reported impact solely affects this …

and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …