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Are workers in modern economies working "too hard" - would they be better off if an equilibrium with fewer work hours were achieved? We examine changes in life satisfaction of Japanese and Koreans over a period when hours of work were cut exogenously because employers suddenly faced an overtime...
Persistent link: https://www.econbiz.de/10010339618
This paper provides a first assessment of the causal impact of the 2018-2021 reform in Korea meant to combat its long working-hour culture. The reform consists of lowering the statutory limit on total weekly working hours from 68 to 52. We apply a difference-in-difference approach in which we...
Persistent link: https://www.econbiz.de/10014248966
cuts in legislated standard hours that raised employers' overtime costs in Japan around 1990 and Korea in the early 2000s … reduction in market time, with the free-up time in Japan reallocated to leisure and personal maintenance, while in Korea the …
Persistent link: https://www.econbiz.de/10009568416
In this paper we analyse the effects of arrangements that provide temporal and locational flexibility of work (TLF), namely flexi-time, telehomework, and part-time work, on employees' satisfaction with the fit between working time and private life and their overall job satisfaction. TLF...
Persistent link: https://www.econbiz.de/10010403445
Evidence shows that working time mismatch, i.e. the difference between actual and desired working hours, is negatively related to employees' job satisfaction. Using longitudinal data from the German Socio-Economic Panel, we examine the potential moderating effect of working time autonomy on this...
Persistent link: https://www.econbiz.de/10012624572
The observation of highly regulated, but successful economies has given rise to the hypothesis of various viable models of labor market adaptability. The paper presents a quantitative indicator that tries to avoid a simplified flexibility-rigidity dichotomy and provides a detailed picture of the...
Persistent link: https://www.econbiz.de/10003923585
In 2012, in the midst of a recession, a labour law reform in Portugal allowed firms to reduce the overtime premium paid to their workers by 50% or more. Until then, overtime premiums were set by law at a relatively high level and could not be cut unilaterally. We analyse matched...
Persistent link: https://www.econbiz.de/10011532547
been affected across six countries (China, South Korea, Japan, Italy, UK and US). We first document changes in income …
Persistent link: https://www.econbiz.de/10012239013
China, Japan, and South Korea, and estimate the economic burden of chronic conditions in five domains (cardiovascular … 2010), $5.7 trillion for Japan, and $1.5 trillion for South Korea. Our results also highlight the limits of cost …
Persistent link: https://www.econbiz.de/10011704338
All industrialized countries have Employment Protection Legislation (EPL) for permanent workers and Restrictions on the use of Temporary Employment (RTE). The (ambiguous) effects of these on the levels of employment and unemployment have been extensively studied, but nothing is known empirically...
Persistent link: https://www.econbiz.de/10003933664