The Demand for Hours of Work

Derek Bosworth and Tony Westaway

Scottish Journal of Political Economy, 1987, vol. 34, issue 4, 368-87

Abstract: Hours of work have traditionally been treated as a homogeneous entity in the factor-demand literature. However, in practice, average hours are a composite of short-time, over-time and normal hou rs of work, each of which has both a length and an incidence dimensio n. This paper argues that the various dimensions should be modeled an d estimated separately. It is shown that the estimation of a fairly s tandard econometric specification yields quite different results for each of the dimensions of hours. The traditional model performs bette r in explaining over-time than short-time working. Copyright 1987 by Scottish Economic Society.

Date: 1987
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