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particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment …
Persistent link: https://www.econbiz.de/10005826565
Legally mandated reductions in the workweek can be either a constraint on individuals' choice or a tool to coordinate individuals' preferences for lower work hours. We confront these two hypotheses by studying the consequences of the workweek reduction in France from 39 to 35 hours, which was...
Persistent link: https://www.econbiz.de/10005599717
by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional …
Persistent link: https://www.econbiz.de/10005604960
unemployment or faster growth. Weak output growth after such a cost shock is somewhat puzzling and has led some to question the … structurally slower real wage growth, that is, "wage moderation," does raise output growth and lower unemployment rates. However, I …
Persistent link: https://www.econbiz.de/10005605144