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Distributional implications of a shorter working week: An unpleasant note
Authors:Giacomo G Corneo
Institution:(1) Present address: Department of Economics, University of Bonn, Adenauerallee 24-42, D-53113 Bonn, Germany
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.
Keywords:
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