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Recent empirical work finds a negative correlation between product market regulation and aggregate employment. We examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation as well as in a standard dynamic model of entry and exit. We find...
Persistent link: https://www.econbiz.de/10010292347
Cross-country differences of market hours in 17 countries belonging to the Organisation for Economic Co-operation and Development are mainly due to the hours of women, especially low-skilled women. This paper develops a model to account for the gender-skill differences in market hours across...
Persistent link: https://www.econbiz.de/10012030260
Persistent link: https://www.econbiz.de/10003903129
Persistent link: https://www.econbiz.de/10003418531
The large differences in hours of work across industrialized countries reflect large differences in both employment to population ratios and hours per worker. We imbed the canonical model of labor supply into a standard matching model to produce a model in which both the intensive and extensive...
Persistent link: https://www.econbiz.de/10003449734
Using data from the Multinational Time Use Study, this paper documents the trends and levels of time allocation, with a focus on home hours, for a relatively large set of industrialized countries during the past 50 years. Three patterns emerge. First, home hours have decreased in both the United...
Persistent link: https://www.econbiz.de/10010365638
Persistent link: https://www.econbiz.de/10009234659
Persistent link: https://www.econbiz.de/10003817793
Recent empirical work finds a negative correlation between product market regulation and aggregate employment. We examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation as well as in a standard dynamic model of entry and exit. We find...
Persistent link: https://www.econbiz.de/10013071005
Cross-country differences of market hours in 17 countries belonging to the Organisation for Economic Co-operation and Development are mainly due to the hours of women, especially low-skilled women. This paper develops a model to account for the gender-skill differences in market hours across...
Persistent link: https://www.econbiz.de/10012900950