Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/177787 
Authors: 
Year of Publication: 
2017
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 408 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2017
Publisher: 
Institute for the Study of Labor (IZA), Bonn
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.
Subjects: 
wages
unemployment
Austria
Persistent Identifier of the first edition: 
Document Type: 
Article

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