Quotation Poyntner, Philipp. 2016. Beschäftigungseffekte von Arbeitszeitverkürzung. Eine makroökonomische Perspektive. Wirtschaft und Gesellschaft 42 (4), 665-684.


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Abstract

Persistently high unemployment rates in Europa have refueled the discussion of work-sharing as a means to boost employment. Theoretical as well as empirical studies do not reach a consensus whether a shorter working week increases or reduces employment. Empirical studies using microdata often find no or a negative employment effect, whereas time-series models often find a positive relationship. Building on work by Kapteyn et al. (2004), a macroeconomic model is developed to estimate long-run cointegrating relation ships. For a panel of 18 european countries, two enhancements to the literature are made. First, the average working hours of those full employed are used, limiting noise by part-time work. Second, cross-section dependencies are controlled for. The results of the ARDL model suggest a positive relationship between shorter working weeks and employment.

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Publication's profile

Status of publication Published
Affiliation External
Type of publication Journal article
Journal Wirtschaft und Gesellschaft
Language German
Title Beschäftigungseffekte von Arbeitszeitverkürzung. Eine makroökonomische Perspektive
Volume 42
Number 4
Year 2016
Page from 665
Page to 684
Reviewed? Y
URL http://wug.akwien.at/WUG_Archiv/2016_42_4/2016_42_4_0665.pdf
DOI na

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People
Poyntner, Philipp (Details)
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Institute for International Economics IN (Details)
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