WIFO Research Seminar by Michael Christl (European Commission)
During the last decade, the Austrian labour market experienced a substantial outward shift of the Beveridge curve. In
a WIFO Research Seminar Michael Christl (European Commission) spoke about the role of regional labour markets for skills.
During the last decade, the Austrian labour market experienced a substantial outward shift of the Beveridge curve. Using detailed
administrative data on vacancies and registered unemployed by region and skill level, we test which factors caused this shift.
We find that the Beveridge curve shifted primarily because mismatch increased substantially. Looking on the regional and skill
dimension of mismatch unemployment, we find a substantial increase of mismatch unemployment for manual routine tasks as well
as for the region of Vienna.