| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2144 |
| DP2144 Trade in Financial Services: Procompetitive Effects and Growth Performance | |
| Joseph Francois; Ludger Schuknecht | |
| 发表日期 | 1999-05-31 |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | We use longitudinal individual wage, hours, and employment data to investigate the effect of the 1981 mandatory reduction of weekly working hours in France. A few months after François Mitterrand's election of May 1981, the government, applying its programme decided first to increase the minimum wage by 5% and, second, to reduce weekly working hours - from 40 to 39 - together with mandatory stability of monthly earnings of minimum wage workers and strong recommendation for stability of monthly earnings for other workers (indeed followed by 90% of the firms). We show that workers directly affected by these changes, those working 40 hours in March 1981, lost their jobs between 1981 and 1983 more often than workers not affected by the changes, those working 39 hours in March 1981 ; their year-to-year job loss probability increased from roughly 10% to 12.5%. Moreover, workers affected by both minimum wage changes and hours reduction were even more strongly hit ; their year-to-year job loss probability increased from roughly 10% to 26%. These results should help us understand the possible effects of the forthcoming mandatory reduction of hours in France, the weekly working hours going from 39 to 35 hours in year 2000. Similar projects are envisaged in other European countries hoping that hours reduction are an efficient way of tackling their unemployment problem. |
| 主题 | Labour Economics |
| 关键词 | Hours reduction Minimum wage Unemployment |
| URL | https://cepr.org/publications/dp2144 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531254 |
| 推荐引用方式 GB/T 7714 | Joseph Francois,Ludger Schuknecht. DP2144 Trade in Financial Services: Procompetitive Effects and Growth Performance. 1999. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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