Booth, Alison L and Schiantarelli, Fabio (1987) The Employment Effects of a Shorter Working Week. Economica, 54 (214). pp. 237-48.
Booth, Alison L and Schiantarelli, Fabio (1987) The Employment Effects of a Shorter Working Week. Economica, 54 (214). pp. 237-48.
Booth, Alison L and Schiantarelli, Fabio (1987) The Employment Effects of a Shorter Working Week. Economica, 54 (214). pp. 237-48.
Abstract
Labor organizations currently argue that reducing the standard working week will help lower the high unemployment of the 1980s. Opponents maintai n that this will increase labor costs, and therefore not alleviate un employment. This paper analyzes the employment effects of a cut in ho urs, using the monopoly union and efficient bargaining models of the union and firm. Under various developments of the models, the results are quite consistent: a reduction in hours has employment effects th at are at best ambiguous and very often negative. A puzzle remains as to why trade unions are pressing for shorter hours.
Item Type: | Article |
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Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | Faculty of Social Sciences > Economics, Department of |
Depositing User: | Jim Jamieson |
Date Deposited: | 18 Jul 2012 09:59 |
Last Modified: | 18 Jul 2012 09:59 |
URI: | http://repository.essex.ac.uk/id/eprint/3214 |