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In 2012, in the midst of a recession, a labour law reform in Portugal allowed firms to reduce the overtime premium paid … firms using overtime in 2011 did reduce their overtime premiums in a manner consistent with the reform, in particular those … overtime usage, employment and sales following the reform. Overall, our results highlight the important but not exclusive role …
Persistent link: https://www.econbiz.de/10011532547
Total employment in Germany is supposed to increase if people could realize their desired working hours. However, this back-of-the-envelope calculation overestimates the effect of loosening hours constraints, because even in a very flexible labor market there will exist hours restrictions for...
Persistent link: https://www.econbiz.de/10011445026
Total employment in Germany is supposed to increase if people could realize their desired working hours. However, this back-of-the-envelope calculation overestimates the effect of loosening hours constraints, because even in a very exible labor market there will exist hours restrictions for...
Persistent link: https://www.econbiz.de/10014089251
We propose a model to evaluate the U.K.’s zero-hours contract (ZHC) – a contract that exempts employers from the requirement to provide any minimum working hours, and allows workers to decline any workload. We find quantitatively mixed welfare effects of ZHCs. On one hand they unlock job...
Persistent link: https://www.econbiz.de/10012803624
We propose a model to evaluate the U.K.'s zero-hours contract (ZHC) - a contract that exempts employers from the requirement to provide any minimum working hours, and allows employees to decline any workload. We find quantitatively that ZHCs improve welfare by enabling firms with more volatile...
Persistent link: https://www.econbiz.de/10012803713
We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...
Persistent link: https://www.econbiz.de/10010491732
We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...
Persistent link: https://www.econbiz.de/10010488823
We compare two options of integrating discrete working time choice of heterogenous households into a general equilibrium model. The first, known from the literature, produces household heterogeneity through a working time preference parameter. We contrast this with a model that directly...
Persistent link: https://www.econbiz.de/10014062699
The paper analyses the determinants and short-term effects of labour market reforms, using information from a novel policy compendium that covers 110 developed and developing economies between 2008 and 2014. We find that the approval of reforms is positively associated with the unemployment...
Persistent link: https://www.econbiz.de/10011522366
moderation and working time flexibility. While at the outset of this reform sequence German had a small, but relatively …
Persistent link: https://www.econbiz.de/10003830303