Structural unemployment after the crisis in Austria

Christl, Michael; Köppl‐Turyna, Monika; Kucsera, Dénes

doi:10.1186/s40174-016-0062-5

Cited by 7 publications

(10 citation statements)

References 10 publications

(9 reference statements)

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“…We can see a clear upward trend indicating that, at the end of the observed time period, the matching efficiency decreased and even led to an increase in the unemployment rate. This finding is consistent with the findings of Christl et al (2016), who reported that the average matching efficiency was stable until 2013 in Austria but has been steadily decreasing ever since.…”

Section: Decomposition Of Unemployment Ratesupporting

confidence: 93%

“…Several studies have discussed the Austrian Beveridge curve developments after the Great Recession, e.g, Bonthuis et al (2013Bonthuis et al ( , 2015 but found no significant shift of the Beveridge curve in Austria. However, Christl et al (2016) found a statistically significant shift in the long-term Beveridge curve in Austria after 2014, which according to them occurred in the four main sectors: construction, wholesale, transportation, and accommodation and food service activities. In line with Böheim (2017) 2 , the authors attribute the shift to a decrease in the matching efficiency.…”

Section: Literature Overviewmentioning

confidence: 93%

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A Beveridge curve decomposition for Austria: did the liberalisation of the Austrian labour market shift the Beveridge curve?

Christl

2020

J Labour Market Res

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The Austrian Beveridge curve shifted in 2014, leading to the ongoing academic discussions about the reasons behind this shift. While some economists have argued that the shift was caused by a supply shock related to the labour market liberalisation during the course of the eastern enlargement of the European Union (EU), others have stated that a decrease in matching efficiency led to the shift. Using a new decomposition method, we combine labour market flow data and disentangle labour supply, labour demand, separation and matching factors, which can be potential reasons behind the shift in the Austrian Beveridge curve. We find empirical evidence that the increase in the unemployment rate in Austria after 2011 can indeed be attributed to a supply shock related to the EU enlargement. On the contrary, the data reveals that the shift after 2014 and the related increase in unemployment was almost exclusively caused by a decrease in matching efficiency, indicating a rising mismatch problem in the Austrian labour market.

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Section: Decomposition Of Unemployment Ratesupporting

confidence: 93%

Section: Literature Overviewmentioning

confidence: 93%

A Beveridge curve decomposition for Austria: did the liberalisation of the Austrian labour market shift the Beveridge curve?

Christl

2020

J Labour Market Res

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“…With an unemployment rate of 4.3%, it is well below the EU average. Unemployment has the character of structural unemployment (Christl, M., Köppl -Turyna, M.;Kucsera, D. (2016)). One of the reasons for low unemployment is the dual education system (Graf, L. (2016)), which guarantees the industry a supply of skilled labor from apprentices and industrialists.…”

Section: Realities Of the Economy Of The Republic Of Austriamentioning

confidence: 99%

Effects and motivation of political - economic cooperation between two countries: a case study of Slovakia and Austria

Pawera¹,

Vojtech²,

Levický³

et al. 2020

JESI

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The political and economic relations between Slovakia and Austria reflect the geographical situation in Central Europe, the change in the political climate after 1989 and, finally, the establishment of the Slovak Republic and its successful efforts to join Euro-Atlantic structures and the European Union. Subsequently, entry into the Schengen area and the European Monetary Union. We focus on some aspects of mutual cooperation between two long-standing neighboring states from the point of view of the theoretical basis of international political and economic cooperation. The aim of the case study is to analyze the successes of international cooperation between Austria and Slovakia, to identify open issues in bilateral relations between Slovakia and Austria, and to predict trends in the coming period. The ambition of this study is also to highlight areas that can be considered key to bilateral cooperation. International cooperation is a very broad field in which general and specific scientific methods can be used. Given the type of study, we decided to use selected general scientific methods, which we adapted to the specifics of examining economic relations between countries. Based on the results, we can say that the possibilities of economic cooperation between Austria and Slovakia are far from exhausted. Joint projects in the field of transport and energy infrastructure, energy security and diversification of energy sources are several examples where cooperation lasts for several years and has a perspective for the future. The increase in cooperation is in the field of foreign trade, in the field of foreign investment, but also in the growing level of services, including the increase in cooperation in the field of tourism. Since its inception, Slovakia has become an important trading partner of Austria, with trade with Austria catching up with trade Slovakia with traditional partners -with neighbors (Poland, Hungary).

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“…Schiman (2018) argues in a macro-model framework that the Austrian Beveridge curve shifted due to a labour supply shock caused by the opening of the labour market to several Eastern European countries after 2008. However, Christl et al (2016) and later Christl (2020) using detailed data labour-market transition argue that the shift was caused primarily by an increase in labour market mismatch.…”

Section: Introductionmentioning

confidence: 99%

Mismatch Unemployment in Austria: The Role of Regional Labour Markets for Skills

Böheim

Christl

2021

SSRN Journal

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This Working Paper is part of a Working paper series on Labour, Education and Technology by the Joint Research Centre (JRC). The JRC is the European Commission's science and knowledge service. It aims to provide evidence-based scientific support to the European policymaking process. The scientific output expressed does not imply a policy position of the European Commission. Neither the European Commission nor any person acting on behalf of the Commission is responsible for the use that might be made of this publication.

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Structural unemployment after the crisis in Austria

Cited by 7 publications

References 10 publications

A Beveridge curve decomposition for Austria: did the liberalisation of the Austrian labour market shift the Beveridge curve?

A Beveridge curve decomposition for Austria: did the liberalisation of the Austrian labour market shift the Beveridge curve?

Effects and motivation of political - economic cooperation between two countries: a case study of Slovakia and Austria

Mismatch Unemployment in Austria: The Role of Regional Labour Markets for Skills

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