The Austrian Beveridge curve shifted in 2014, leading to the ongoing academic discussions about the reasons behind this shift. While some economists have argued that the shift was caused by a supply shock related to the labour mar-ket liberalisation during the course of the eastern enlargement...

This paper analyses euro area Beveridge curves at the euro area aggregate and country level over the past 25 years. Using an autoregressive distributed lag model, we find a significant outward shift and flattening of the euro area Beveridge curve since the onset of the crisis, but considerable...