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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...
Persistent link: https://www.econbiz.de/10011779725
Short-time work was frequently used in the EU during the COVID-19 pandemic to minimize crisis-related layoffs. This paper focuses on the short-time work (STW) scheme in Austria by exploring the characteristic features of the Austrian Coronavirus STW model and examining how it was utilized. We...
Persistent link: https://www.econbiz.de/10012595232