Working time, employment, and work sharing: Evidence from Sweden
Tor Jacobson () and
Additional contact information
Tor Jacobson: Research Department, Sveriges riksbank, SE-103 37 Stockholm, Sweden Department of Economics, GÃteborg University, Box 640, SE-405 30 GÃteborg, Sweden
Empirical Economics, 2000, vol. 25, issue 1, 169-187
We study three questions which are important for work sharing to increase employment. First, is there a negative long-run relation between working time and employment? Second, are hours per worker exogenous with respect to wages and employment? Third, can policy makers influence actual hours per worker? We formulate a theoretical model for employment, hours per worker, production, and real wages. A VAR model with cointegrating constraints is estimated by maximum likelihood using Swedish private sector data 1970:1-1990:4. We find (i) no long-run relation between hours per worker and employment, (ii) that hours per worker are endogenous with respect to the estimation of long-run parameters, and (iii) that legislated working time and hours per worker are related to each other in the long run.
Keywords: Work sharing; maximum likelihood cointegration; employment; hours per worker; real wages (search for similar items in EconPapers)
JEL-codes: E24 J22 J23 (search for similar items in EconPapers)
Note: received: September 1997/final version accepted: June 1999
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17) Track citations by RSS feed
Downloads: (external link)
Access to the full text of the articles in this series is restricted
Working Paper: Working Time, Employment, and Work Sharing: Evidence from Sweden (1996)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:empeco:v:25:y:2000:i:1:p:169-187
Ordering information: This journal article can be ordered from
http://www.springer. ... rics/journal/181/PS2
Access Statistics for this article
Empirical Economics is currently edited by Robert M. Kunst, Arthur H.O. van Soest, Bertrand Candelon, Subal C. Kumbhakar and Joakim Westerlund
More articles in Empirical Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().