Is Variation in Hours of Work Driven by Supply or Demand? Evidence from Finnish Manufacturing Industries
This paper uses panel data from 1989 to 1995 on blue-collar workers in Finnish manufacturing industries and their establishments to assess the extent to which hours of work are affected by individual or establishment characteristics - observed as well as unobserved. We argue that recent research on working hours has focused almost exclusively on the supply of labor, but that insights into the extent to which hours variation is driven not by supply but by demand will affect the likelihood that supply-side policies will succeed. Our estimates suggest that both individual and establishment characteristics matter, but that establishment level effects account for the bulk of the variation in hours.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Marco Bianchi & Bjorn R. Gudmundsson & Gylfi Zoega, 2001.
"Iceland's Natural Experiment in Supply-Side Economics,"
American Economic Review,
American Economic Association, vol. 91(5), pages 1564-1579, December.
- Bianchi, Marco & Gudmundsson, Björn R & Zoega, Gylfi, 2000. "Iceland's Natural Experiment in Supply-Side Economics," CEPR Discussion Papers 2367, C.E.P.R. Discussion Papers.
- Jaakko Kiander & Jaakko Pehkonen, 1999. "Finnish unemployment: observations and conjectures," Finnish Economic Papers, Finnish Economic Association, vol. 12(2), pages 94-108, Autumn.
- Chang, Yongsung & Kwark, Noh-Sun, 2001.
"Decomposition of hours based on extensive and intensive margins of labor,"
Elsevier, vol. 72(3), pages 361-367, September.
- Yongsung Chang & Noh-Sun Kwark, 2000. "Decomposition of Hours Based on Extensive and Intensive Margins of Labor," Econometric Society World Congress 2000 Contributed Papers 1416, Econometric Society.
- Petri Böckerman, 2002. "Overtime in Finland," Finnish Economic Papers, Finnish Economic Association, vol. 15(1), pages 36-54, Spring.
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpla:0505012. 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: (EconWPA)
If references are entirely missing, you can add them using this form.