Distributional implications of a shorter working week: An unpleasant note |
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Authors: | Giacomo G Corneo |
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Institution: | (1) Present address: Department of Economics, University of Bonn, Adenauerallee 24-42, D-53113 Bonn, Germany |
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Abstract: | Do “proletarians” gain from work sharing? In a labor-market model with wage rigidity and endogenous labor supply, it is shown that a reduction of the workweek may decrease the expected utility of the poor and increase the expected utility of the rich. |
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