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Individual leave saving options provide new options to employees to improve their employability and work–life balance over the life course. They are based on a simple idea: Employees can deposit overtime hours or portions of due remuneration in a time credit account and withdraw them at a...
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intertemporal substitution. To study this, we set up a two-period model with wage uncertainty. This extends the standard savings …) savings are strictly positive for at least 85 percent of subjects (iii) a majority of subjects uses time allocation to smooth …
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) savings are strictly positive for at least 85 percent of subjects (iii) a majority of subjects uses time allocation to smooth …
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