end-of-period stocks. We also derive measures of productivity and capacity utilization for the adopted modeling framework …

end-of-period stocks. We also derive measures of productivity and capacity utilization for the adopted modeling framework …

This paper evaluates the implications for employment, productivity and wages of allowing for more flexibility in weekly … in productivity. In the work sharing scenario, the increase in employment (1.86%) comes at the expense of a lower … productivity increase (1.31%) and a decrease in weekly hours worked (4%). Finally, the full flexibility scenario preserves …