1.

Record Nr.

UNINA9910788407403321

Autore

Estevão Marcello

Titolo

Are the French Happy with the 35-Hour Workweek? / / Marcello Estevão, Filipa Sa

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-3869-0

1-4527-5618-X

1-283-51592-X

1-4519-0964-0

9786613828378

Descrizione fisica

1 online resource (26 p.)

Collana

IMF Working Papers

Altri autori (Persone)

SaFilipa

Soggetti

Hours of labor - France - Econometric models

Workweek - France - Econometric models

Labor

Macroeconomics

Employment

Unemployment

Wages

Intergenerational Income Distribution

Aggregate Human Capital

Aggregate Labor Productivity

Time Allocation and Labor Supply

Single Equation Models

Single Variables: Cross-Sectional Models

Spatial Models

Treatment Effect Models

Labor Economics: General

Wages, Compensation, and Labor Costs: General

Unemployment: Models, Duration, Incidence, and Job Search

Aggregate Factor Income Distribution

Labour

income economics

Income

National accounts

Labor economics

Economic theory

France



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"November 2006."

Nota di bibliografia

Includes bibliographical references (p. 24).

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. INSTITUTIONAL BACKGROUND AND PREVIOUS RESEARCH""; ""III. CONSEQUENCES OF HOURS RESTRICTIONS: THEORY""; ""IV. DATA AND IDENTIFICATION STRATEGY""; ""V. RESULTS""; ""VI. CONCLUSIONS""; ""REFERENCES""

Sommario/riassunto

Legally mandated reductions in the workweek can be either a constraint on individuals' choice or a tool to coordinate individuals' preferences for lower work hours. We confront these two hypotheses by studying the consequences of the workweek reduction in France from 39 to 35 hours, which was first applied to large firms in 2000. Using the timing difference by firm size to set up a quasi-experiment and data from the French labor force survey, we show that the law constrained the choice of a significant number of individuals: dual-job holdings increased, some workers in large firms went to small firms where hours were not constrained, and others were replaced by cheaper, unemployed individuals as relative hourly wages increased in large firms. Employment of persons directly affected by the law declined, although the net effect on aggregate employment was not significant.