Minimum Wages in Austria: Estimation of Employment Functions
Minimum wages in Austria are bargaining results between labour unions and entrepreneurs. This paper analyses the empirical effects of minimum wages ("Kollektivvertragslöhne") on employment. "Employment functions", based on a "neo-classical" partial analytic framework,...
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Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business
1993
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| Online Access: | http://epub.wu.ac.at/6295/1/WP_20.pdf |
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ndltd-VIENNA-oai-epub.wu-wien.ac.at-62952018-05-05T05:18:54Z Minimum Wages in Austria: Estimation of Employment Functions Ragacs, Christian Minimum wages in Austria are bargaining results between labour unions and entrepreneurs. This paper analyses the empirical effects of minimum wages ("Kollektivvertragslöhne") on employment. "Employment functions", based on a "neo-classical" partial analytic framework, are estimated. The empirical analysis that is done for aggregated Austrian industry and specific branches at first sight seems to support the standard theoretical thesis. In addition, problems caused by the used method, which may occur in similar studies too, are shown. They give rise to the possibility that models of this kind are misspecified. Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business 1993-06 Paper NonPeerReviewed application/pdf http://epub.wu.ac.at/6295/1/WP_20.pdf Series: Department of Economics Working Paper Series http://epub.wu.ac.at/6295/ |
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Others
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NDLTD |
| description |
Minimum wages in Austria are bargaining results between labour unions and entrepreneurs. This paper analyses the empirical effects of minimum wages ("Kollektivvertragslöhne") on employment. "Employment functions", based on a
"neo-classical" partial analytic framework, are estimated. The empirical analysis that
is done for aggregated Austrian industry and specific branches at first sight seems to support the standard theoretical thesis. In addition, problems caused by the used
method, which may occur in similar studies too, are shown. They give rise to the possibility that models of this kind are misspecified. === Series: Department of Economics Working Paper Series |
| author |
Ragacs, Christian |
| spellingShingle |
Ragacs, Christian Minimum Wages in Austria: Estimation of Employment Functions |
| author_facet |
Ragacs, Christian |
| author_sort |
Ragacs, Christian |
| title |
Minimum Wages in Austria: Estimation of Employment Functions |
| title_short |
Minimum Wages in Austria: Estimation of Employment Functions |
| title_full |
Minimum Wages in Austria: Estimation of Employment Functions |
| title_fullStr |
Minimum Wages in Austria: Estimation of Employment Functions |
| title_full_unstemmed |
Minimum Wages in Austria: Estimation of Employment Functions |
| title_sort |
minimum wages in austria: estimation of employment functions |
| publisher |
Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business |
| publishDate |
1993 |
| url |
http://epub.wu.ac.at/6295/1/WP_20.pdf |
| work_keys_str_mv |
AT ragacschristian minimumwagesinaustriaestimationofemploymentfunctions |
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1718635300170760192 |