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GINI Country Report: Growing Inequalities and their Impacts in Austria

Author

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  • R. Verwiebe
  • T. Troger
  • L. Wiesböck
  • R. Teitzer
  • N.-S. Fritsch

Abstract

Income inequality among households is much less pronounced in Austria than in most other OECD countries. Its development over time is intriguing. While it is true that since the middle of the 1980s, income inequality has steadily increased, this increase has been much less steep than in many other Western countries, e.g. neighbouring Germany or Sweden. The development of household and wage inequality in Austria has to be seen in the context of growing unemployment between 1980 and 1998 which nonetheless remained at comparatively low levels, a flexibilization of the labour market since the late 1980s, and a Bismarckian welfare state which has been scaled back but continues to have a highly redistributive effect.

Suggested Citation

  • R. Verwiebe & T. Troger & L. Wiesböck & R. Teitzer & N.-S. Fritsch, 2013. "GINI Country Report: Growing Inequalities and their Impacts in Austria," GINI Country Reports austria, AIAS, Amsterdam Institute for Advanced Labour Studies.
    • Handle: RePEc:aia:ginicr:austria
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    File URL: https://www1.feb.uva.nl/aias/Austria.pdf
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