production to zero, we show that the effects of a WTR on (un)employment depend on the abundance of natural capital. If it is …

We study the consequences of a working time reduction (WTR hereafter) in an exogenous growth model with unemployment …

-finding rates and the more standard view of negative effects. When unemployment compensation, if any, is low enough, we argue that … conclusion as well. Looking specifically at unemployment compensation, its optimal level is generally higher than when a lower …