摘要: | This study has been conducted to investigate whether uncertainty or fluctuations in euro exchange rate affect the macroeconomic variables in 18 Eurozone sample Countries including ; Austria, Belgium, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain for the quarterly or season period of 1999 to 2014. There are huge numbers of macroeconomic variables, but out of these four variables that is, Government bond, Inflation rate, Unemployment rate and Gross Domestic Product (GDP) have been included in this study. These variables have been taken as an independent variables and euro exchange rate has been selected as a dependent variable. GARCH model has been applied in this research to calculate Ordinary Least Square regression for individual country and the Panel data technique for all countries used to investigate the relationship between dependent and independent variables. |