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Title: East European Trade and the Austrian Labour Market

Author(s): Karl Aiginger, Rudolf Winter-Ebmer and Josef Zweimüller

Publication Date: May 1995

Keyword(s): CEEC Trade, Unemployment and Wage Growth

Programme Area(s): Human Resources and International Trade and Regional Economics

Abstract: Recent years have seen a major structural break in trade relations between West European countries and the former Eastern bloc. Austria experienced a disproportionately large bilateral trade creation with these countries. In this paper we take a closer look at the impact this trade growth has had on the Austrian labour market. To differentiate as far as possible between different segments of the labour market, we concentrate on unemployment experience and wage growth for a panel of individual workers in Austrian industry. The results show rather small employment effects, the impact on wage growth is more pronounced with interesting modifications for mobile and immobile workers.

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Bibliographic Reference

Aiginger, K, Winter-Ebmer, R and Zweimüller, J. 1995. 'East European Trade and the Austrian Labour Market'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1168