Abstract:This chapter examines the theoretical underpinnings of the effects of work-sharing on employment. The analysis proceeds as follows: Section 4.2 is devoted to an analysis of labour demand when the firm chooses the number of jobs and hours. The interactions between employers' choice and workers' choice over hours, employment, and wages are studied in Section 4.3. Finally Section 4.4 provides some concluding comments. It is shown that compulsory reductions in standard hours can increase employment only in very sp… Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.