We study the consequences of a working time reduction (WTR hereafter) in a growth model with efficiency wages and an essential natural resource (natural capital). Considering that technical progress cannot reduce the resource content of final production to zero, we show that the effects of a WTR...

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...