Criticizing the Efficient Market Hypothesis (EMH) on the basis of highly volatile asset prices is conceptually wrong as efficiency is about rationality and information, not about stability. Speculative bubbles are compatible with rational valuation, and hence with market efficiency. As rational...

In diesem Bericht werden die Ergebnisse einer Erhebung zur betrieblichen Arbeitszeitorganisation in der europäischen Automobilindustrie vorgestellt. Auf der Basis von Angaben aus 39 Automobilfabriken in elf Ländern werden die Dauer der Arbeits- und Betriebszeiten sowie die Organisation der...

[fre] Les demandeurs d'emploi forment une population hétérogène par François MICHON Between Censuses, employment surveys allow a detailed analysis of the work force, and especially of applicants for work, who constitute an average of 4 % of the work force over the period 1962-1967.. These...

[fre] Le temps de travail des formes particulières d’emploi . . On attribue aux formes particulières d’emploi (emplois temporaires sous intérim ou contrats à durée déterminée, emplois à temps partiel) des conditions de travail difficiles et un rôle central en matière de...

The present overview on existing research addresses the double implication of working-time standards as legal (or contractual) norms, on the one hand, and socially established normality, on the other. Looking primarily at the evidence on the statutory 35-hour week in France, the author discusses...