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Author Estevão, Marcello M., author

Title Are the French happy with the 35-hour workweek? / Marcello Estevão and Filipa Sá
Published [Washington, D.C.] : International Monetary Fund, Western Hemisphere Dept., [2006]
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Description 1 online resource (24 pages) : illustrations
Series IMF working paper ; WP/06/251
IMF working paper ; WP/06/251
Summary 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
Bibliography Includes bibliographical references (page 24)
Notes Print version record
Subject Hours of labor -- France -- Econometric models.
Workweek -- France -- Econometric models.
Form Electronic book
Author Sa, Filipa, author
International Monetary Fund. Western Hemisphere Department.
ISBN 128351592X