Advertisement

Effects of a Reduction of Standard Working Hours on Labour Market Performance

  • C. Pérez-Domínguez
Part of the Contributions to Economics book series (CE)

Abstract

In recent years many people have proposed a general reduction of the number of working hours as an effective measure to reduce unemployment rates in the European countries. This proposal has had a strong effect on public opinion, since the “working-less-for-everyone-to-be-able-to-work” assumption seems to be a self-evident truth. But there is a fallacy involved in this assumption: the labour market is rather dynamic and neither the jobs available nor the number of applicants have to remain fixed when the standard working hours are reduced by legal means.

Keywords

Unemployment Rate Labour Supply Labour Demand Hourly Wage Effort Effect 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Dolado, J.J.: Valoración Crítica de las Estimaciones Econométricas Disponibles de la Relación entre los Precios Relativos y el Empleo en la Economía Española. In: Bentolila, S., Toharia, L., Estudios de Economía del Trabajo en España, III El Problema del Paro, C. 20. MTSS 1991Google Scholar
  2. Fallon, P., Verruy, D.: The Economics of Labour Markets. Phillip Allan 1988Google Scholar
  3. Hamermesh, D.: Labour Demand. New Jersey, Princeton University Press 1993Google Scholar
  4. Nickell, S.: Dynamic Models of Labour Demand. In: Ashenfelter, O., Layard, R., Handbook of Labour Economics, Chapter 9. North-Holland 1987Google Scholar
  5. Zabalza, A., Pissarides, C., Barton, M.: Social Security and the Choice Between Full-Time Work, Part-Time Work and Retirement. Journal of Public Economics 14 (1980)Google Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2004

Authors and Affiliations

  • C. Pérez-Domínguez
    • 1
  1. 1.University of ValladolidSpain

Personalised recommendations