Fiscal austerity and wage reduction policies

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This study covers the impact of the combination of wage cuts and government austerity on aggregate demand and employment in the euro zone. The focus is on the euro crisis countries and their development since 2008.

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Fiscal austerity and wage reduction policies

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The Austrian Federal Chamber of Labour is by law representing the interests of about 4 million employees and consumers in Austria. It acts for the interests of its members in fields of social-, educational-, economical-, and consumer issues both on the national and on the EU-level in Brussels. Furthermore the Austrian Federal Chamber of Labour is a part of the Austrian social partnership. The Austrian Federal Chamber of Labour is registered at the EU Transperency Register under the number 23869471911-54.

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