Several contributions to the economic literature on industrial relations claim that wage bargaining in Austria is characterised by pattern bargaining or wage leadership. This claim has, however, never been investigated empirically. This paper fills this gap by examining the development of...

Austria's accession to the EU has intensified competition at all levels of production and distribution. These effects were not noticeable in agriculture. At the beginning of 1995 Austria adopted the EU's Common Agricultural Policy and liberalized agriculture and the food industry; as a result...

Detailed comparisons with Germany and Switzerland as well as an analysis of the time pattern of sub-indices of the Consumer Price Index provide no indication that the introduction of the euro had any strong inflationary impact. In some sectors (chiefly in services), however, price increases did...