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The discussion about the long-run evolution of labor productivity in Switzerland is flawed because the available data on the input of labor is incoherent and incomplete. It is the aim of this paper to establish a consistent aggregate series of total hours worked covering 1950-2010. The new data...
Persistent link: https://www.econbiz.de/10010319698
To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained by added value, working time and real labour cost. Estimations using quarterly French macro-economic data are carried out in a multivariate framework for three sets of sectors....
Persistent link: https://www.econbiz.de/10010275663
Persistent link: https://www.econbiz.de/10011695752
The standard literature on working time has modelled the decisions of firms in a deterministic framework in which firms can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we follow the real options approach, which allows us to investigate the...
Persistent link: https://www.econbiz.de/10010295518
In Deutschland liegen die von abhängig Beschäftigten gewünschten Wochenarbeitszeiten im Durchschnitt zwischen knapp 30 Stunden (Frauen) und 40 Stunden (Männer). Sehr lange Wochenarbeitszeiten sind weder für eine Mehrheit von Frauen noch für Männer attraktiv; diesen Befund findet man auch...
Persistent link: https://www.econbiz.de/10011601720
In this paper we describe the hypothesis of effort-based career opportunities as a situation in which profit maximizing firms create incentives for employees to work longer hours than the bargained ones, by making career prospects dependent on working hours. When effortbased career opportunities...
Persistent link: https://www.econbiz.de/10010262198
France has experienced massive changes in its regulation of working time during the last decade. These changes generate natural experiments that may help to study a variety of issues in labor economics, including work sharing effect on job creation or productivity, labor relations or adaptation...
Persistent link: https://www.econbiz.de/10010268711
Based largely on industry-level aggregate statistics, the prevailing view, and one that has strongly influenced macroeconomic thought, is that real wages during the cycle containing the Great Depression are either acyclical or countercyclical. Does this finding hold-up when more micro data are...
Persistent link: https://www.econbiz.de/10010269762
In October 2007 France introduced an exemption on the income tax and social security contributions that applied to wages received for hours worked overtime. The goal of the policy was to increase the number of hours worked. This article shows that this reform has had no significant impact on...
Persistent link: https://www.econbiz.de/10010274652
Arbeitszeitkonten ermöglichen eine variable Arbeitszeitverteilung in Betrieben, womit sich Nachfrageschwankungen abfedern und der Arbeitseinsatz an das Arbeitsaufkommen anpassen lassen. Im Zuge der Finanz- und Wirtschaftskrise 2008/09 wurden sie umfangreich genutzt, um Arbeitszeiten...
Persistent link: https://www.econbiz.de/10012204104