Amid increasing internationalization, the domestic labor market had undergone fundamental changes even before Austria joined the EU. In the ten years since, total employment has virtually risen as...
Strategies for Growth and Employment in Austria
Christian Beer, Juergen Janger, Alfred Stiglbauer
On March 3, 2006, the Oesterreichische Nationalbank (OeNB) hosted a one-day workshop on “Strategies for Growth and Employment in Austria.” The workshop’s objective was to propose concrete...
The Potential Growth prospects of the Austrian Economy - Methods and Determinants
Juergen Janger, Johann Scharler, Alfred Stiglbauer
In this paper we discuss issues related to the longer-run growth prospects of the Austrian economy. We briefly survey methods commonly applied to estimate the growth potential of an economy....
Patterns and Determinants of Price Changes: Analysing Individual Consumer Prices in Austria
Josef Baumgartner, Ernst Glatzer, Fabio Rumler, Alfred Stiglbauer
We provide empirical evidence on the degree and characteristics of price rigidity in Austria by estimating the average frequency of price changes and the duration of price spells from a large data...
Job Creation and Job Destruction in a Regulated Labor Market: The Case of Austria
Alfred Stiglbauer, Florian Stahl, Rudolf Winter-Ebmer, Josef Zweimüller
Labor reallocation, job flows, labor market regulation,
How frequently do consumer prices change in Austria? Evidence from micro CPI data.
Josef Baumgartner, Ernst Glatzer, Fabio Rumler, Alfred Stiglbauer
Based on individual price records collected for the computation of the Austrian CPI, average frequencies of price changes and durations of price spells are estimated to characterize price setting in...
When and How to Create a Job: The Survival of New Jobs in Austrian Firms
René Böheim, Alfred Stiglbauer, Rudolf Winter-Ebmer
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the...
On the Persistence of Firm Expansion. The survival of new jobs in Austrian firms
Böheim, René, Stiglbauer, Alfred, Winter-Ebmer, Rudolf
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the...
Benchmarking the Lisbon Strategy
Klaus Masuch, Ramon Gómez-Salvador, Nadine Leiner-Killinger, Rolf Strauch, Jarkko Turunen, Melanie Ward-Warmedinger, ...
The aim of this report, which has been prepared by a Task Force of the Monetary Policy Committee of the Eurosystem, is to describe and analyse the main developments in labour supply and its...
Current Inflation Developments in Austria
Friedrich Fritzer, Ernest Gnan, Walpurga Köhler-Töglhofer, Fabio Rumler, Alfred Stiglbauer
HICP inflation in Austria increased from below 2% in the first half of 2007 to 3.5% in December 2007, and stood at 3.1% in both January and February2 2008. As in other countries, this increase can be...
When and how to create a job: The survival of new jobs in Austrian firms
René Böheim, Alfred Stiglbauer, Rudolf Winter-Ebmer
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the...
On the Persistence of Job Creation in Old and New Firms
René Böheim, Alfred Stiglbauer, Rudolf Winter-Ebmer
We suggest a new method to analyze the success of firm creation by looking at the persistence of new jobs created in old and in new firms. Compared to survival rates of new versus old firms, this...
Longer Working Hours? More Flexible Work Schedules? Do Austrian Economic Policymakers Need to Act?
On September 23, 2004, the Oesterreichische Nationalbank (OeNB) hosted a workshop to discuss extending working hours and increasing working time flexibility. After Peter Mooslechner (OeNB) outlined...
Effects of the Full Opening of the Austrian Labor Market to EU-8 Citizens
KLaus Prettner, Alfred Stiglbauer
Within the next few years, Austria will lift its temporary restrictions on the free movement of workers from the EU-8 countries. Estimates of the resulting inflow of foreign labor to Austria are...
How Frequently Do Consumer Prices Change in Austria? Evidence from Micro CPI Data
Josef Baumgartner, Ernst Glatzer, Fabio Rumler, Alfred Stiglbauer
In this paper a data set with price records collected for the computation of the Austrian CPI is used to estimate the average frequency of price changes and the duration of price spells to provide...
Job Creation and Job Destruction in a Regulated Labor Market: The Case of Austria
Alfred Stiglbauer, Florian Stahl, Rudolf Winter-Ebmer, Josef Zweimüller
We study Austrian job reallocation in the period of 1978 to 1998, using a large administrative dataset where we correct for “spurious” entries and exits of firms. We find that on average 9...
The Impact of Reference Norms on Inflation Persistence When Wages are Staggered
Markus Knell, Alfred Stiglbauer
In this paper we present an extension of the Taylor model with staggered wages in which wage-setting is also influenced by reference norms (i.e. by benchmark wages). We show that reference norms can...
The impact of reference norms on inflation persistence when wages are staggered.
Markus Knell, Alfred Stiglbauer
In this paper we present an extension of the Taylor model with staggered wages in which wage-setting is also influenced by reference norms (i.e. by benchmark wages). We show that reference norms can...
The impact of reference norms on inflation persistence when wages are staggered.
Markus Knell, Alfred Stiglbauer
In this paper we present an extension of the Taylor model with staggered wages in which wage-setting is also influenced by reference norms (i.e. by benchmark wages). We show that reference norms can...
On the persistence of job creation in old and new firms
Böheim, René, Stiglbauer, Alfred, Winter-Ebmer, Rudolf
We analyze the persistence of new jobs in new and old firms. This measure assesses the sustainability of job creation in different circumstances. We find that new jobs in Austria last significantly...
The (New) OECD Jobs Study: Introduction and Assessment
In 1994, the OECD presented the Jobs Study analyzing the causes of high unemployment in Europe. The study identified inappropriate labor market regulations and legislation as a key determinant of...