Conrad, Klaus; Koschel, Henrike; Löschel, Andreas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2005
The objective of our analysis is to find out whether an increase in working time without pay compensation can be considered an adequate policy to reduce unemployment. From the perspective of economic theory the outcome is in general ambiguous: On the one hand, as the increase in working time...