Employment effects of work sharing. An econometric analysis for West Germany.

Autor/inn/en	Steiner, Viktor; Peters, Ralf-Henning
Institution	Zentrum für Europäische Wirtschaftsforschung
Titel	Employment effects of work sharing. An econometric analysis for West Germany.
Quelle	Mannheim: ZEW (2000), 37 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	Discussion paper. Zentrum für Europäische Wirtschaftsforschung (Mannheim). 2000,20
Sprache	englisch; englische Zusammenfassung
Dokumenttyp	online; Monographie
Schlagwörter	Datenanalyse; Einkommen; Arbeitslosigkeit; Arbeitsmarktforschung; Arbeitsplatz; Teilzeitbeschäftigung; Arbeitszeit; Facharbeiter; Akademiker; Ungelernter Arbeitnehmer; Deutschland; Deutschland-Westliche Länder
Abstract	In this paper we estimate the employment effects of a reduction in weekly normal hours in West German manufacturing on the basis of an econometric models using industry panel data. We distinguish between unskilled, skilled and high-skilled workers and show that labor demand elasticities with respect to real wages differ significantly between these three skill groups. Given wages, the direct employment effect of a reduction in weekly normal hours is negligible for all three groups. However, taking the adjustment of wages into account, which compensates workers to some extent for lost income due to the reduction of working hours, the net employment effect becomes negative on average. Due to their relatively large wage elasticity, this negative effect is particularly strong for the unskilled. "Work sharing" by means of general hours-reductions can thus not be considered an adequate policy to reduce unemployment. (DIPF/Orig.).
Erfasst von	DIPF \| Leibniz-Institut für Bildungsforschung und Bildungsinformation, Frankfurt am Main
Update	2005_(CD)