Beschäftigungseffekte von Arbeitszeitverkürzung. Eine makroökonomische Perspektive

Poyntner, Philipp (2016) Beschäftigungseffekte von Arbeitszeitverkürzung. Eine makroökonomische Perspektive. Wirtschaft und Gesellschaft, 42 (4). pp. 665-684. ISSN 0378-5130


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Persistently high unemployment rates in Europa have refueled the discussion of work-sharing as a means to boost employment. Theoretical as well as empirical studies do not reach a consensus whether a shorter working week increases or reduces employment. Empirical studies using microdata often find no or a negative employment effect, whereas time-series models often find a positive relationship. Building on work by Kapteyn et al. (2004), a macroeconomic model is developed to estimate long-run cointegrating relation ships. For a panel of 18 european countries, two enhancements to the literature are made. First, the average working hours of those full employed are used, limiting noise by part-time work. Second, cross-section dependencies are controlled for. The results of the ARDL model suggest a positive relationship between shorter working weeks and employment.

Item Type: Article
Divisions: Departments > Volkswirtschaft > Internationale Wirtschaft
Version of the Document: Published
Depositing User: Gertraud Novotny
Date Deposited: 05 Jun 2019 09:47
Last Modified: 05 Jun 2019 12:39
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