Arbeitspapier

How to explain Wage Growth Slowdown in Austria? A sectoral-panel analysis of collectively bargained minimum wages

This paper studies the relationship between union power, unemployment and wages. We find many theoretically well-established links suggesting that unemployment negatively affects bargaining power. As an empirical strategy we use Austrian data from 1966 until 2015 on the development of collectively bargained minimum wages. Such data directly reflects the result of a bargaining process between unions and employer organizations, and enables to show the link between bargaining power and unemployment. Moreover, it allows for further discussion on the potential influence of other macroeconomic and institutional variables, such as trade openness and union density.

Sprache
Englisch

Erschienen in
Series: ICAE Working Paper Series ; No. 58

Klassifikation
Wirtschaft
Thema
WAGE GROWTH
MINIMUM WAGES
UNEMPLOYMENT
UNIONS
BARGAINING POWER

Ereignis
Geistige Schöpfung
(wer)
Gerhartinger, Philipp
Haunschmid, Philipp
Tamesberger, Dennis
Ereignis
Veröffentlichung
(wer)
Johannes Kepler University Linz, Institute for Comprehensive Analysis of the Economy (ICAE)
(wo)
Linz
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Gerhartinger, Philipp
  • Haunschmid, Philipp
  • Tamesberger, Dennis
  • Johannes Kepler University Linz, Institute for Comprehensive Analysis of the Economy (ICAE)

Entstanden

  • 2017

Ähnliche Objekte (12)