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Unemployment dynamics in Austria - The role of gender-specific worker-flows

Florian Schoiswohl

No 282, Department of Economics Working Paper Series from WU Vienna University of Economics and Business

Abstract: There is a growing literature studying unemployment dynamics by means of worker flow data between labor market states. This paper contributes to this literature stream by analyzing the dynamics of the Austrian unemployment rate applying novel worker flow data for 2005-2016. Our main results can be summarized along two dimensions: First, we show that worker flows between unemployment and inactivity are major determinants of unemployment fluctuations in Austria. Second, we show for the working-age population that the contribution of male worker flows to the overall variation of the unemployment rate is higher, but that this relation turns when it comes to the youth cohort. The gender differences are probably related to the early occupational and educational segregation of young men and women in Austria. The paper concludes by stressing a strong need for further empirical and theoretical research which aims to link structural differences in an economy with different responses to the business cycle.

Keywords: Worker flows; Unemployment dynamics; Gender; Unemployment gap; Austrian labour market; Youth unemployment (search for similar items in EconPapers)
Date: 2019-03
New Economics Papers: this item is included in nep-eur
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