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"How would people spend additional time if confronted by permanent declines in market work? We examine the impacts of cuts in legislated standard hours that raised employers' overtime costs in Japan around 1990 and Korea in the early 2000s. Using time-diaries from before and after these shocks,...
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These studies are based on information on time use in nine countries. Such studies will become more common as more governments fund time-budget surveys and as economists realize the benefits of using this type of data. Each does something that either could not have been accomplished at all, or...
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