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

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


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.


Unemployment Rate Labour Supply Labour Demand Hourly Wage Effort Effect 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2004

Authors and Affiliations

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

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