On the empirics of minimum wages and employment. Stylized facts for the Austrian industry

Christian Ragacs

doi:10.57938/019cf932-666a-4385-9bfd-01a671a06b51

On the empirics of minimum wages and employment. Stylized facts for the Austrian industry

Christian Ragacs

WU Wirtschaftsuniversität Wien

Publikation: Working/Discussion Paper › WU Working Paper und Case

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Abstract

We investigate the empirical evidence of the "textbook theory" of minimum wages for the Austrian Industry. The bargaining result of unions and firms is interpreted as a minimum wage, as the bargaining situation in Austria may be described best by a "right to manage" model". Based on the analysis of micro-founded "employment functions" in contrast to the predictions of the "textbook analysis" no significant negative effect of minimum wages on employment is found.

Originalsprache	Englisch
Erscheinungsort	Vienna
Herausgeber	Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business
DOIs	https://doi.org/10.57938/019cf932-666a-4385-9bfd-01a671a06b51
Publikationsstatus	Veröffentlicht - 2003

Publikationsreihe

Reihe	Working Papers Series "Growth and Employment in Europe: Sustainability and Competitiveness"
Nummer	24

WU Working Papers und Cases

Working Papers Series \ Growth and Employment in Europe Sustainability and Competitiveness

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10.57938/019cf932-666a-4385-9bfd-01a671a06b51Lizenz: Nicht angegeben

DocumentEndgültige, publizierte Fassung, 325 KBLizenz: Nicht angegeben

Wachstum und Beschäftigung in Europa: Nachhaltigkeit und Wettbewerbsfähigkeit
Clement, W. (Projektleitung), Altzinger, W. (Forscher*in), Bellak, C. (Forscher*in), Bergman, E. (Forscher*in), Fenz, G. (Forscher*in), Grandner, T. (Forscher*in), Grisold, A. (Forscher*in), Gstach, D. (Forscher*in), Heitzmann, K. (Forscher*in), Hofbauer, J. (Forscher*in), Hofer, R. (Forscher*in), Hölzl, W. (Forscher*in), Lehner, P. (Forscher*in), Maier, G. (Forscher*in), Munduch, G. (Forscher*in), Müller, W. (Forscher*in), Neumayr, B. (Forscher*in), Nowotny, E. (Forscher*in), Pichler, J. H. (Forscher*in), Pirker, R. (Forscher*in), Ragacs, C. (Forscher*in), Rumler, F. (Forscher*in), Schubert, U. (Forscher*in), Senft, G. (Forscher*in), Sitz, A. (Forscher*in), Stagl, S. (Forscher*in), Stiassny, A. (Forscher*in), Tondl, G. (Forscher*in) & Walther, H. (Forscher*in)
1/02/99 → 1/01/10
Projekt: Anderes

Zitat

Ragacs, C. (2003). On the empirics of minimum wages and employment. Stylized facts for the Austrian industry. (April 2003 Aufl.) Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business. Working Papers Series "Growth and Employment in Europe: Sustainability and Competitiveness" Nr. 24 https://doi.org/10.57938/019cf932-666a-4385-9bfd-01a671a06b51

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On the empirics of minimum wages and employment. Stylized facts for the Austrian industry

Abstract

Publikationsreihe

WU Working Papers und Cases

Zugriff auf Dokument

Projekte

Wachstum und Beschäftigung in Europa: Nachhaltigkeit und Wettbewerbsfähigkeit

Zitat