Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/24133
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dc.contributor.authorConrad, Klausen_US
dc.contributor.authorKoschel, Henrikeen_US
dc.contributor.authorLöschel, Andreasen_US
dc.date.accessioned2009-02-16T14:49:10Z-
dc.date.available2009-02-16T14:49:10Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/24133-
dc.description.abstractThe objective of our analysis is to find out whether an increase in working timewithout pay compensation can be considered an adequate policy to reduce unemployment.From the perspective of economic theory the outcome is in general ambiguous: On the onehand, as the increase in working time raises labour productivity per employee, conditionaldemand for labour will increase (substitution effect) and conditional demand for intermediateinputs will decline. Since, on the other hand, workers do have a longer working time anyway,no positive effect on the number of persons employed can be expected. However, output ofthe manufacturing industry, and thus unconditional demand for labour, capital andintermediate goods, will increase (output effect). In order to sell the additional output, firmshave to lower prices. Depending on the price elasticities, revenues and hence profits willchange.We quantify the employment effects of an economy-wide increase in weekly normal hours inGermany on the basis of a CGE model using an input-output framework for all sectors of theeconomy. Our simulation results support the argument of the opponents of longer workingtime that not more jobs will be created. However, when we recycled the higher tax revenuesfrom GDP growth to lower the contribution to social security, then we have been able tosupport the claim of the proponents that more jobs will be created.en_US
dc.language.isoengen_US
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheim-
dc.relation.ispartofseries|aZEW Discussion Papers |x05-42en_US
dc.subject.jelJ23en_US
dc.subject.jelD58en_US
dc.subject.jelJ21en_US
dc.subject.ddc330en_US
dc.subject.keywordunemploymenten_US
dc.subject.keywordlabour market rigiditiesen_US
dc.subject.keywordlonger working hoursen_US
dc.subject.keywordcomputable general equilibrium modellingen_US
dc.subject.stwArbeitszeitflexibilisierungen_US
dc.subject.stwBeschäftigungseffekten_US
dc.subject.stwMakroökonomischer Einflussen_US
dc.subject.stwAllgemeines Gleichgewichten_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleNot Employed 37 Hours or Employed 41? A CGE Analysis for Germanyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn490476627en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:3285-

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