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Determination of Average Working Time in Finland

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Author Info
Petri Böckerman
Jaakko Kiander

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Abstract

This study explores the determination of average working time in the context of a Nordic welfare state. The study is focused on the Finnish case. The issue is explored by using data from six industries from 1960 to 1996. The main empirical result is that both an increase in labour productivity and a widening of the tax wedge have contributed to a decline in average working time in Finland. These observations are consistent with the predictions of a theoretical model that is based on the notion of equilibrium working hours. Copyright Fondazione Giacomo Brodolini and Blackwell Publishers Ltd 2002.

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Article provided by CEIS, Fondazione Giacomo Brodolini and Blackwell Publishing Ltd in its journal Labour.

Volume (Year): 16 (2002)
Issue (Month): 3 (09)
Pages: 557-568
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Handle: RePEc:bla:labour:v:16:y:2002:i:3:p:557-568

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  1. Juan Carlos Conesa & Timothy J. Kehoe & Kim J. Ruhl, 2007. "Modeling great depressions: the depression in Finland in the 1990s," Staff Report 401, Federal Reserve Bank of Minneapolis. [Downloadable!]
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This page was last updated on 2008-8-11.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.