IDEAS home Printed from https://ideas.repec.org/a/taf/applec/44y2012i7p917-932.html
   My bibliography  Save this article

Effects of reduction in working hours on a model with job creation and job destruction

Author

Listed:
  • Emilio Domínguez
  • Miren Ullibarri
  • Idoia Zabaleta

Abstract

This article shows how, with certain modifications to a standard Real Business Cycle (RBC) model, and with certain qualified responses in the short and long term, a policy of reduction in the number of working hours can have positive effects on activity and employment. The modifications required to bring about these results include specification of the working day, existence of the creation and destruction of employment and differentiation between inactivity and unemployment. Results reveal that any measures taken to reduce the number of working hours must take into consideration the productivity levels of working hours, to thus ensure that the consequences of such a policy are positive not only for employment but also in all other macroeconomic variables.

Suggested Citation

  • Emilio Domínguez & Miren Ullibarri & Idoia Zabaleta, 2012. "Effects of reduction in working hours on a model with job creation and job destruction," Applied Economics, Taylor & Francis Journals, vol. 44(7), pages 917-932, March.
  • Handle: RePEc:taf:applec:44:y:2012:i:7:p:917-932
    DOI: 10.1080/00036846.2010.526583
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00036846.2010.526583
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:applec:44:y:2012:i:7:p:917-932. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.