Employment, productivity, output and minimum wage in Austria: a time series analysis

Christian Ragacs

No 21, Department of Economics Working Paper Series from WU Vienna University of Economics and Business

Abstract: This paper evaluates stylised facts for the Austrian industry. I execute a time series analysis for minimum wage, productivity, output and employment. Tests for cointegration and Granger-causality are done. The results are in contrast to most empirical studies that analyse the empirical effects of minimum wages on employment. Especially no negative impact of minimum wage on employment was found.

Date: 1993-09
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