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. 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 …
Persistent link: https://www.econbiz.de/10011294706
. 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 …
Persistent link: https://www.econbiz.de/10001362959
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We propose and estimate a model where unemployment fluctuations result from self-fulfilling changes in expected … European unemployment rates. They also generate positive comovements in macroeconomic variables and a large relative volatility … fact that liquidity constrained workers, facing earnings uncertainty in the context of imperfect unemployment insurance …
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