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Wage and mobility effects of trade and migration on the Austrian labour market
Hofer, Helmut; Huber, Peter - 2001
This study analyses the effect of trade and migration on wages and labour market mobility. We estimate wage growth … in the reactions of white and blue-collar workers wages and mobility to trade and migration. In Austria exports have a … small effects on the Austrian labour market. -- wages ; migration ; trade …
Persistent link: https://www.econbiz.de/10009724426
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The NAIRU-concept : a few remarks
Pichelmann, Karl; Schuh, Ulrich - 1996
This note gives a brief survey of main theoretical and empirical issues with respect to the NAIRU concept. According to modern labour market literature NAIRU is defined as the rate of unemployment at which inflation stabilizes in the absence of any wage-price surprises. Conventional thinking...
Persistent link: https://www.econbiz.de/10009697453