This paper evaluates the implications for employment, productivity and wages of allowing for more flexibility in weekly … sharing and the Full flexibility scenarios. She finds that the 2012 reform preserves employment and generates a 1.72% increase … in productivity. In the work sharing scenario, the increase in employment (1.86%) comes at the expense of a lower …

employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …