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A Beveridge curve decomposition for Austria: did the liberalisation of the Austrian labour market shift the Beveridge curve?

Author

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  • Christl, Michael

    (European Commission, Joint Research Centre (JRC) Seville, Spain)

Abstract

"The Austrian Beveridge curve shifted in 2014, leading to ongoing academic discussions about the reasons behind this shift. While some have argued that the shift was caused by a supply shock due to labour market liberalization, others have stated that matching efficiency decreased. Using a new decomposition method, combined with detailed labour market flow data, we are the first to disentangle supply-side, demand-side and matching factors, which could potentially cause a shift in the Beveridge curve in Austria. We find empirical evidence to confirm that the increase in the unemployment rate in Austria after 2011 can indeed be attributed to a supplyside shock. But, contrary to other research, our analysis shows that the shift in the Beveridge curve after 2014 was mainly caused by a decrease in matching efficiency, indicating a rising mismatch problem in the Austrian labour market." (Author's abstract, IAB-Doku) ((en))

Suggested Citation

  • Christl, Michael, 2020. "A Beveridge curve decomposition for Austria: did the liberalisation of the Austrian labour market shift the Beveridge curve?," Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 54(1), pages 1-7.
    • Handle: RePEc:iab:iabjlr:v:54:p:art.07
    DOI: 10.1186/s12651-020-00271-z
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    Cited by:

    1. René Böheim & Michael Christl, 2022. "Mismatch unemployment in Austria: the role of regional labour markets for skills," Regional Studies, Regional Science, Taylor & Francis Journals, vol. 9(1), pages 208-222, December.
    2. René Böheim & Michael Christl, 2021. "Mismatch unemployment in Austria," Economics working papers 2021-06, Department of Economics, Johannes Kepler University Linz, Austria.

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