the permanent and transitory components for the movements of the unemployment rate in four countries (Austria, France, UK …. -- unemployment ; natural rate hypothesis ; labour markets ; employment ; adjustment costs …In this paper we challenge the traditional labour market view, which argues that unemployment is determined in the long …

Labor force participation rates of mothers in Austria and Germany are similar, however full-time employment rates are …, differences in mothers' employment patterns can partly be explained by the different tax systems: While Germany has a system of … joint taxation with income splitting for married couples, Austria taxes everyone individually, which leads to lower marginal …

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 about the equilibrium unemployment rate assumes that in the long run NAIRU …-mechanisms" which could lead to permanent shifts of equilibrium unemployment over time, implying that an unique long run NAIRU may not …

We propose a bivariate structural time series framework to decompose GDP and the unemployment rate into their trend …

This paper analyzes the effects of trade and outsourcing on the transition probabilities of employment between sectors …

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labour market shocks, working their way through systems of interacting … aggregate measures of unemployment responses to temporary and permanent shocks. These measures are temporal and quantitative …

. Using unique data on the search behaviour of job seekers sampled from the inflow into employment during the year 1997 in … Austria we analyse the quality of job matches in terms of wages and job durations. We find evidence for endogenous selection … by the public employment service. Hence we conclude that selection may contribute to the unfavourable wage outcomes for …

the development of the capital market suggest for Austria a high effectiveness of the monetary policy with a strong impact …, mortgage loans and municipal notes. -- monetary transmission mechanism ; credit channel ; Austria …