This article studies the consequences of a reduction of legal working time (RWT), using an union/employer bargaining model over the organization of work. A RWT can induce a higher flexibility of work, which is become bearable for reduced work time. This flexibility helps to finance a full wage...

From a panel data study in OECD countries we try to determine the medium-term factors explaining the evolution of households saving. This approach enables to take into account the impact of medium-term factors, such as public saving or demography, that are difficult to identify in a time-series...