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In many occupations workers? labor supply choices are constrained by institutional rules regulating labor time and effort provision. This renders explicit tests of the neoclassical theory of labor supply difficult. Here we present evidence from studies examining labor supply responses in...
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We present a model that integrates the discrete working time choice of heterogenous households into a general equilibrium setting where wages are determined by sectoral bargaining between firms and trade unions. The model is calibrated to German micro and macro data. We then use it to analyse...
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We compare two options of integrating discrete working time choice of heterogenous households into a general equilibrium model. The first, known from the literature, produces household heterogeneity through a working time preference parameter. We contrast this with a model that directly...
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This book will provide the first comprehensive and systematic overview of the attitudes of different schools of thought towards the issue of work time. Topics covered include assumptions on what determines the length of the work day and week, changes in production systems and their consequences...
Persistent link: https://www.econbiz.de/10010426429