Has work-sharing worked in Finland?

Petri Bockerman and Jaakko Kiander

Applied Economics Letters, 2002, vol. 9, issue 1, 39-41

Abstract: This study is about the effects of work-sharing on employment in Finland. The results reveal that a reduction in average hours seems to deliver an increase in employment on the condition that output does not deteriorate as a result of shorter working time. However, the maintenance of output level in the case of shorter average working hours is a challenging exercise. In addition, the conduct of worksharing as a policy scheme is limited by the Lucas critique.

Date: 2002
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DOI: 10.1080/13504850110048514

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