Logeay, Camille; Schreiber, Sven - Institut für Makroökonomie und Konjunkturforschung … - 2005
The authors analyse the macroeconomic impact of the French work-sharing reform of 2000 (a reduction of standard working hours in combination with wage subsidies). Using a vector error correction model (VECM) for several labour market variables as well as inflation and output the authors produce...