Unemployment and Labour Market Flexibility: AustriaAustro-Keynesianism (based on an expansionary fiscal policy, a strong currency policy and an incomes policy) can be seen as an explanation for Austria's success in combining low unemployment with moderate inflation, social consensus and informal tripartite co-operation in most fields. |
Contents
Preface | 1 |
Economic performance in the 1970s | 7 |
Low unemployment but a rising trend | 22 |
Concluding remarks | 28 |
Wage flexibility and unemployment | 45 |
Labour market flexibility | 63 |
29 | 66 |
31 | 72 |
Who receives unemployment benefits? | 81 |
37 | 86 |
Introduction | 89 |
Education | 97 |
Options for the future | 117 |
Figures | 133 |
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Common terms and phrases
active labour market apprentices apprenticeship Austria Austrian schillings average basic wages Beveridge curve competitiveness dismissals early retirement schemes EC membership employees enterprises European countries expenditure Federal Republic firms foreign workers full employment Government Guger higher incomes policy increase institutions international comparison Labour and Social labour force labour market administration labour market flexibility labour market policies labour offices labour supply Labour turnover lay-offs long-term unemployed long-term unemployment lower mainly manufacturing ment minimum Ministry of Labour mobility nationalised industries non-wage labour costs occupations OECD older workers Österreich part-time pension percentage ployment production programmes public sector real wage reasons reduce redundancy payments regulations relatively high Republic of Germany rising Social Affairs social partners social partnership social security social security contributions Source structural subsidies Table trade unions unem unemployment benefits unemployment in Austria unemployment insurance unemployment rate Vienna wage share Walterskirchen welfare payments WIFO WIFO-Monatsberichte women youth unemployment