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Die Lohnentwicklung in den mittel- und osteuropäischen Mitgliedsländern der EU

Author

Listed:
  • Vasily Astrov

    () (The Vienna Institute for International Economic Studies, wiiw)

  • Mario Holzner

    () (The Vienna Institute for International Economic Studies, wiiw)

  • Sebastian Leitner

    () (The Vienna Institute for International Economic Studies, wiiw)

  • Isilda Mara

    () (The Vienna Institute for International Economic Studies, wiiw)

  • Leon Podkaminer

    () (The Vienna Institute for International Economic Studies, wiiw)

  • Armon Rezai

Abstract

This publication is available in German language only. For a brief English summary see further below. Die Arbeitsmärkte in den mittel- und osteuropäischen Mitgliedsländern der EU (EU-MOE-8) haben sich seit der globalen Wirtschaftskrise von 2008-2009 deutlich verbessert. Die Arbeitslosenraten gingen kontinuierlich zurück, in erster Linie aufgrund rückläufiger demographischer Entwicklungen und massiver Auswanderung Richtung Westen, was eine Schrumpfung der Bevölkerung im erwerbsfähigen Alter zur Folge hatte. Trotzdem war das Lohnwachstum in den EU-MOE-8 noch bis vor kurzem eher verhalten, was dazu führte, dass die Lohnquote generell stabil blieb. Die sogenannte Phillips-Kurve, die einen negativen Zusammenhang zwischen Arbeitslosigkeit und Lohnwachstum darstellt, gilt also in diesem Zeitraum für die meisten EU-MOE-8 nicht – anders als etwa in Österreich oder Deutschland. Der Hauptgrund dafür ist die voranschreitende Flexibilisierung und Liberalisierung der Arbeitsmärkte der EU-MOE-Länder in den Jahren seit der Wirtschaftskrise. Vor allem die Lohnverhandlungsmechanismen wurden dezentralisiert, und der Grad der kollektivvertraglichen Abdeckung ging, zum Teil dramatisch, zurück. Dies hatte tendenziell eine Verschlechterung der Verhandlungsposition der ArbeitnehmerInnen zur Folge, wodurch die positiven Effekte der allgemeinen Verbesserung der Arbeitsmarktlage konterkariert wurden. English Summary Wage developments in the Central and East European Member States of the EU Labour markets in the Central and East European Member States of the EU (EU-CEE-8) have improved significantly since the global economic crisis of 2008-2009. Unemployment rates declined steadily, primarily due to adverse demographic trends and massive outward migration to the West, which resulted in a decline in the working-age population. Nevertheless, until recently wage growth in EU-CEE-8 was rather restrained, resulting in generally stable wage shares. The so-called Phillips curve, which represents a negative correlation between unemployment and wage growth, did not hold for most EU-CEE-8 during this period – unlike, for example, in Austria or Germany. The main reason for this has been progressive flexibilisation and liberalisation of the labour markets of EU-CEE countries in the years since the economic crisis. In particular, wage negotiation mechanisms have been decentralised and the degree of coverage by collective bargaining agreements has declined, in some cases dramatically. This tended to weaken the negotiating position of employees, thereby counteracting the positive effects of the general improvement in the labour market situation.

Suggested Citation

  • Vasily Astrov & Mario Holzner & Sebastian Leitner & Isilda Mara & Leon Podkaminer & Armon Rezai, 2018. "Die Lohnentwicklung in den mittel- und osteuropäischen Mitgliedsländern der EU," wiiw Research Reports in German language 12, The Vienna Institute for International Economic Studies, wiiw.
  • Handle: RePEc:wii:ratpap:rpg:12
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    References listed on IDEAS

    as
    1. Hazans, Mihails, 2011. "What explains prevalence of informal employment in European countries : the role of labor institutions, governance, immigrants, and growth," Policy Research Working Paper Series 5917, The World Bank.
    2. David Card & Jochen Kluve & Andrea Weber, 2010. "Active Labour Market Policy Evaluations: A Meta-Analysis," Economic Journal, Royal Economic Society, vol. 120(548), pages 452-477, November.
    3. Prachi Mishra, 2014. "Emigration and wages in source countries: a survey of the empirical literature," Chapters, in: Robert E.B. Lucas (ed.),International Handbook on Migration and Economic Development, chapter 9, pages 241-266, Edward Elgar Publishing.
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    5. Ruben V Atoyan & Jesmin Rahman, 2017. "Western Balkans: Increasing Women's Role in the Economy," IMF Working Papers 17/194, International Monetary Fund.
    6. Ioana Alexandra Horodnic, 2016. "Cash wage payments in transition economies: Consequences of envelope wages," IZA World of Labor, Institute of Labor Economics (IZA), pages 280-280, July.
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    Cited by:

    1. Richard Grieveson, 2018. "Demographic decline does not necessarily condemn CESEE EU countries to a low growth future," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue Q3-18, pages 122-130.
    2. Vasily Astrov, 2019. "Labour Market Trends in Visegrád Countries: Implications for Austria," wiiw Policy Notes 33, The Vienna Institute for International Economic Studies, wiiw.
    3. Menoncin, Francesco & Vergalli, Sergio, 2019. "Optimal Stopping Time, Consumption, Labour, and Portfolio Decision for a Pension Scheme," ETA: Economic Theory and Applications 288459, Fondazione Eni Enrico Mattei (FEEM).

    More about this item

    Keywords

    Löhne; Lohnquote; demographische Trends; Migration; Phillips-Kurve; Lohnfindungsmechanismen; wages; wage share; demographic trends; migration; Phillips curve; wage-setting mechanisms;

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J4 - Labor and Demographic Economics - - Particular Labor Markets
    • J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General

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