EconPapers    
Economics at your fingertips  
 

Does labor legislation benefit workers? Well-being after an hours reduction

Daniel Hamermesh (), Daiji Kawaguchi () and Jungmin Lee ()

Journal of the Japanese and International Economies, 2017, vol. 44, issue C, 1-12

Abstract: Are workers in modern economies working “too hard”—would they be better off in an equilibrium with fewer work hours? We examine changes in life satisfaction of Japanese and Koreans over a period when hours of work were cut exogenously because employers suddenly faced an overtime penalty effective at lower standard hours. Using repeated cross sections we show that life satisfaction increased relatively among those workers most likely to have been affected by the legislation, with the same finding using Korean longitudinal data. In a household model estimated over the Korean cross-section data we find some evidence that a reduction in the husband's workhours increased his wife's well-being. These results are consistent with the claim that legislated reductions in work hours can increase workers’ utility.

Keywords: Labor market regulation; Hours regulation; Time-use; Life Satisfaction; Japan; Korea (search for similar items in EconPapers)
JEL-codes: J23 J28 J88 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S088915831730014X
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Does Labor Legislation Benefit Workers? Well-Being after an Hours Reduction (2014) Downloads
Working Paper: Does Labor Legislation Benefit Workers? Well-Being after an Hours Reduction (2014) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jjieco:v:44:y:2017:i:c:p:1-12

Access Statistics for this article

Journal of the Japanese and International Economies is currently edited by Takeo Hoshi

More articles in Journal of the Japanese and International Economies from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-11-08
Handle: RePEc:eee:jjieco:v:44:y:2017:i:c:p:1-12