Showing 1 - 10 of 378
can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we consider the … impact of uncertainty and real options on the decision of working time, i.e. we examines the determinants of employment and …
Persistent link: https://www.econbiz.de/10011409991
We propose an explanation of why Europeans choose to work fewer hours than Americans and also suffer higher rates of unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries reduce, ceteris paribus, the gains from being...
Persistent link: https://www.econbiz.de/10010496985
The vast literature on earnings inequality has so far largely ignored the role played by hours of work. This paper argues that in order to understand earnings dispersion we need to consider not only the dispersion of hourly wages but also inequality in hours worked as well as the correlation...
Persistent link: https://www.econbiz.de/10013472299
Western Europe, but by lower employment rates in Eastern and Southern Europe. …
Persistent link: https://www.econbiz.de/10011524624
Declining hours of work per worker in conjunction with a growing work force may give rise to fluctuations between growth regimes. This is shown in an overlapping generations model with two-period lived individuals endowed with Boppart-Krusell preferences (Boppart and Krusell (2020)). On the...
Persistent link: https://www.econbiz.de/10012499514
benefit of employment. Finally, we examine subjective assessments of income and leisure as potential predictors for job take …
Persistent link: https://www.econbiz.de/10011688216
At least since 1870 hours worked per worker declined and real wages increased in many of today's industrialized countries. The dual nature of technological progress in conjunction with a consumption-leisure complementarity explains these stylized facts. Technological progress drives real wages...
Persistent link: https://www.econbiz.de/10011782121
We document contemporaneous differences in the aggregate labor supply of married couples across 17 European countries and the US. Based on a model of joint household decision making, we quantify the contribution of international differences in non-linear labor income taxes and consumption taxes...
Persistent link: https://www.econbiz.de/10011602475
We examine the redistributive impact of working time regulations in an economy with unequal lifetimes. It is shown that uniform working time reductions, when uncompensated (i.e. constant hourly wage), can reduce inequalities in realized lifetime well-being between short-lived and long-lived...
Persistent link: https://www.econbiz.de/10011586259
that expanded childcare for 1–2- year-olds in Norway. Our results reveal a significant increase in the overall employment …-protected maternity leave and with currently zero hours of work from the target group, we estimate even larger effects on employment and …-term effects of the reform on both employment and hours of work. …
Persistent link: https://www.econbiz.de/10011973903