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How working time reduction affects jobs and wages

In 1996, by law the maximum standard workweek in Portugal was reduced from 44 h to 40 h. We find that for workers involved this change reduced the job separation rate and increased hourly wages, keeping monthly earnings approximately constant. The working hours reduction also affected workers working less than 40 h per week; they were more likely to lose their job.
Year of publication:
2010
Authors: Raposo, Pedro S. ; Ours, Jan C. van
Published in:
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 106.2010, 1, p. 61-63
Publisher: Elsevier
Subject: Workweek reduction Working hours Earnings
Type of publication: Article
Source:
Persistent link: https://www.econbiz.de/10008474021
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