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The Demand for Hours of Work

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  • Bosworth, Derek
  • Westaway, Tony

Abstract

Hours of work have traditionally been treated as a homogeneous entity in the factor-demand literature. However, in practice, average hours are a composite of short-time, over-time and normal hou rs of work, each of which has both a length and an incidence dimensio n. This paper argues that the various dimensions should be modeled an d estimated separately. It is shown that the estimation of a fairly s tandard econometric specification yields quite different results for each of the dimensions of hours. The traditional model performs bette r in explaining over-time than short-time working. Copyright 1987 by Scottish Economic Society.

Suggested Citation

  • Bosworth, Derek & Westaway, Tony, 1987. "The Demand for Hours of Work," Scottish Journal of Political Economy, Scottish Economic Society, vol. 34(4), pages 368-387, November.
  • Handle: RePEc:bla:scotjp:v:34:y:1987:i:4:p:368-87
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    Cited by:

    1. Luigi Aldieri & Bruna Bruno & Concetto Paolo Vinci, 2022. "Employment Support and COVID-19: Is Working Time Reduction the Right Tool?," Economies, MDPI, vol. 10(6), pages 1-14, June.

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