Effects of a reduction of standard working hours on labour market performance

  1. C. Pérez-Domínguez 1
  1. 1 Universidad de Valladolid
    info

    Universidad de Valladolid

    Valladolid, España

    ROR https://ror.org/01fvbaw18

Libro:
Essays on microeconomics and industrial organisation
  1. Pablo Coto-Millán (coord.)

Editorial: Physica-Verlag

ISBN: 3-7908-1390-7 9783790801040

Año de publicación: 2002

Páginas: 237-252

Tipo: Capítulo de Libro

DOI: 10.1007/978-3-7908-2670-8_17 DIALNET GOOGLE SCHOLAR

Resumen

In recent years many people have proposed a general reduction of the number of working hours as an effective measure to reduce unemployment rates in the European countries. This proposal has had a strong effect on public opinion, since the “working-less-for-everyone-to-be-able-to-work” assumption seems to be a self-evident truth. But there is a fallacy involved in this assumption: the labour market is rather dynamic and neither the jobs available nor the number of applicants have to remain fixed when the standard working hours are reduced by legal means.