Exchange Rate Movements and Employment Growth : An OCA Assessment of the CEE Economies

Kurzanzeige
dc.contributor.authorBelke, Ansgardeu
dc.contributor.authorKaas, Leo
dc.date.accessioned2014-07-23T11:47:48Zdeu
dc.date.available2014-07-23T11:47:48Zdeu
dc.date.issued2004
dc.description.abstractAccording to the traditional “optimum currency area” approach, not much will be lost from a very hard peg to a currency union if there has been little reason for variations in the exchange rate in the past. This paper takes a different approach and highlights the fact that high exchange rate volatility may also signal high costs for labor markets. The impact of exchange rate volatility on labor markets in the CEECs is analyzed, revealing that volatility vis-à-vis the euro significantly lowers employment growth. Hence, eliminating exchange rate volatility could be considered a substitute for removing employment protection legislation.eng
dc.description.versionpublished
dc.identifier.citationEmpirica ; 31 (2004), 2-3. - S. 247-280deu
dc.identifier.doi10.1007/s10663-004-0886-5deu
dc.identifier.ppn410073822deu
dc.identifier.urihttp://kops.uni-konstanz.de/handle/123456789/28497
dc.language.isoengdeu
dc.legacy.dateIssued2014-07-23deu
dc.rightsterms-of-usedeu
dc.rights.urihttps://rightsstatements.org/page/InC/1.0/deu
dc.subjectCentral and Eastern Europedeu
dc.subjectcurrency uniondeu
dc.subjecteuroizationdeu
dc.subjectexchange rate variabilitydeu
dc.subjectjob creationdeu
dc.subject.ddc330deu
dc.subject.jelE42, F36, F42deu
dc.titleExchange Rate Movements and Employment Growth : An OCA Assessment of the CEE Economieseng
dc.typeJOURNAL_ARTICLEdeu
dspace.entity.typePublication
kops.citation.bibtex
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  year={2004},
  doi={10.1007/s10663-004-0886-5},
  title={Exchange Rate Movements and Employment Growth : An OCA Assessment of the CEE Economies},
  number={2-3},
  volume={31},
  issn={0340-8744},
  journal={Empirica},
  pages={247--280},
  author={Belke, Ansgar and Kaas, Leo}
}
kops.citation.iso690BELKE, Ansgar, Leo KAAS, 2004. Exchange Rate Movements and Employment Growth : An OCA Assessment of the CEE Economies. In: Empirica. 2004, 31(2-3), pp. 247-280. ISSN 0340-8744. eISSN 1573-6911. Available under: doi: 10.1007/s10663-004-0886-5deu
kops.citation.iso690BELKE, Ansgar, Leo KAAS, 2004. Exchange Rate Movements and Employment Growth : An OCA Assessment of the CEE Economies. In: Empirica. 2004, 31(2-3), pp. 247-280. ISSN 0340-8744. eISSN 1573-6911. Available under: doi: 10.1007/s10663-004-0886-5eng
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kops.sourcefieldEmpirica. 2004, <b>31</b>(2-3), pp. 247-280. ISSN 0340-8744. eISSN 1573-6911. Available under: doi: 10.1007/s10663-004-0886-5deu
kops.sourcefield.plainEmpirica. 2004, 31(2-3), pp. 247-280. ISSN 0340-8744. eISSN 1573-6911. Available under: doi: 10.1007/s10663-004-0886-5deu
kops.sourcefield.plainEmpirica. 2004, 31(2-3), pp. 247-280. ISSN 0340-8744. eISSN 1573-6911. Available under: doi: 10.1007/s10663-004-0886-5eng
kops.submitter.emailheike.knappe@uni-konstanz.dedeu
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