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underemployment on transitions from employment and self-employment into other labour market states. It confirms that overemployment is … hours, both upward and downward than are employees. A new index of underemployment is used to show that for the UK, since … the onset of the Great Recession, underemployment among older workers has been growing more rapidly than unemployment …
Persistent link: https://www.econbiz.de/10009786943
Total employment in Germany is supposed to increase if people could realize their desired working hours. However, this back-of-the-envelope calculation overestimates the effect of loosening hours constraints, because even in a very flexible labor market there will exist hours restrictions for...
Persistent link: https://www.econbiz.de/10011445026
Total employment in Germany is supposed to increase if people could realize their desired working hours. However, this back-of-the-envelope calculation overestimates the effect of loosening hours constraints, because even in a very flexible labor market there will exist hours restrictions for...
Persistent link: https://www.econbiz.de/10013428359
This paper provides a first assessment of the causal impact of the 2018-2021 reform in Korea meant to combat its long working-hour culture. The reform consists of lowering the statutory limit on total weekly working hours from 68 to 52. We apply a difference-in-difference approach in which we...
Persistent link: https://www.econbiz.de/10014248966
In 2012, in the midst of a recession, a labour law reform in Portugal allowed firms to reduce the overtime premium paid to their workers by 50% or more. Until then, overtime premiums were set by law at a relatively high level and could not be cut unilaterally. We analyse matched...
Persistent link: https://www.econbiz.de/10011532547
Sharing the available stock of work more fairly is a popular concern in the public policy debate. One policy proposal is to reduce overtime work in order to allow the employment of more people. This paper suggests that such a concept faces major problems. Using Germany as a case study, it is...
Persistent link: https://www.econbiz.de/10011295411
intention of family-friendliness and alleviating overemployment — unless it were accompanied by offsetting policies that prevent …
Persistent link: https://www.econbiz.de/10013034529
In 2012, a new law allowed firms in Portugal to reduce the overtime premium paid by half. Until then, as in other countries, premiums were subject to a minimum level. We analyse matched panel data, including worker-level (base and overtime) hours and pay, to study the effects of the resulting...
Persistent link: https://www.econbiz.de/10012118993
This paper addresses the on-going controversy regarding whether to allow private sector employers to substitute compensatory (comp) time for premium pay for workers' overtime work hours. It employs data from a unique survey that actually asked over 800 workers their preference for pay vs. future...
Persistent link: https://www.econbiz.de/10014221406
A reduction in the legal workweek may induce a degree of downward wage flexibility, while an employment subsidy to firms accommodates downward wage rigidity. It may be possible, therefore, to increase employment with a policy that combines a reduction in the workweek with an employment subsidy....
Persistent link: https://www.econbiz.de/10012782550