Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/191732 
Autor:innen: 
Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
Agenda Austria Working Paper No. 17
Verlag: 
Agenda Austria, Wien
Zusammenfassung: 
The Austrian Beveridge curve shifted in 2014, leading to ongoing academic discussions about the reasons behind this shift. While some have argued that the shift was caused by a supply shock due to labour market liberalization, others have stated that matching efficiency decreased. Using a new decomposition method, combined with detailed labour market flow data, we are the first to disentangle supply-side, demand-side and matching factors, which could potentially cause a shift in the Beveridge curve in Austria. We find empirical evidence to confirm that the increase in the unemployment rate in Austria after 2011 can indeed be attributed to a supply-side shock. But, contrary to other research, our analysis shows that the shift in the Beveridge curve after 2014 was mainly caused by a decrease in matching efficiency, indicating a rising mismatch problem in the Austrian labour market.
Schlagwörter: 
Beveridge curve
crisis
mismatch
unemployment
structural unemployment
vacancies
JEL: 
J62
J63
E24
E32
Dokumentart: 
Working Paper
Erscheint in der Sammlung:

Datei(en):
Datei
Größe
1.03 MB





Publikationen in EconStor sind urheberrechtlich geschützt.