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The labor market in Austria, 2000–2016

Author

Listed:
  • René Böheim

    (Johannes Kepler University Linz, Austria, and IZA, Germany)

Abstract

Austria is an interesting economy due to its strong industrial relations with institutionalized collective bargaining over wage negotiations and working conditions. Currently, Austria’s GDP per capita is high, but unemployment, although comparably low on an international scale, is not declining in the aftermath of the financial crisis. The labor market is also characterized by an increasing share of mostly low-skilled foreign workers. High marginal labor taxes discourage low-skilled workers from leaving social assistance.

Suggested Citation

  • René Böheim, 2017. "The labor market in Austria, 2000–2016," IZA World of Labor, Institute of Labor Economics (IZA), pages 408-408, December.
    • Handle: RePEc:iza:izawol:journl:y:2017:n:408
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    References listed on IDEAS

    as
    1. René Böheim & Marian Fink & Silvia Rocha-Akis & Christine Zulehner, 2017. "Die Entwicklung geschlechtsspezifischer Lohnunterschiede in Österreich," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(9), pages 713-725, September.
    2. Rainer Eppel & Thomas Leoni & Helmut Mahringer, 2017. "Österreich 2025 – Segmentierung des Arbeitsmarktes und schwache Lohnentwicklung in Österreich," WIFO Monatsberichte (monthly reports), WIFO, vol. 90(5), pages 425-439, May.
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    Cited by:

    1. Christl, Michael, 2019. "A beveridge curve decomposition for Austria: What drives the unemployment rate?," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203551, Verein für Socialpolitik / German Economic Association.

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    More about this item

    Keywords

    wages; unemployment; Austria;
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