An Empirical Study of Labor Market Equilibrium Under Working Hours Constraints

1990 ◽  
Vol 72 (2) ◽  
pp. 250 ◽  
Author(s):  
L. F. Dunn
Keyword(s):  
Labor Market ◽  
Empirical Study ◽  
Market Equilibrium ◽  
Working Hours ◽  
Hours Constraints

Not Enough Time?

2014 ◽  
Vol 59 (2) ◽  
pp. 119-127 ◽  
Author(s):  
Daniel S. Hamermesh
Keyword(s):  
Labor Market ◽  
Market Equilibrium ◽  
Family Members ◽  
Market Work ◽  
Work Time ◽  
Rich Countries ◽  
The U.S ◽  
American Labor

This study summarizes evidence on various unique aspects of work time in the American labor market. Compared to workers in other rich countries, Americans: Work longer hours per week; take fewer paid vacations; are more likely to work on weekends or at nights; enjoy fewer daily hours of leisure; are more likely to feel pressured for time. Except for night/weekend work, these phenomena are concentrated among higher earners. Their workaholism spills over onto other workers and non-worker family members. The study indicates policy remedies for what appears to be an inferior labor-market equilibrium of excessive market work in the U.S.

scholarly journals Asset Returns, the Business Cycle and the Labor Market

2013 ◽  
Vol 14 (3) ◽  
pp. 372-397 ◽  
Author(s):  
Burkhard Heer ◽  
Alfred Maußner
Keyword(s):  
Labor Market ◽  
Business Cycle ◽  
Equity Premium ◽  
Working Hours ◽  
New Keynesian ◽  
Monetary Shocks ◽  
Productivity Shocks ◽  
New Keynesian Models ◽  
The Business Cycle ◽  
Sticky Wages

Abstract We review the labor market implications of recent real-business cycle and New Keynesian models that successfully replicate the empirical equity premium. We document the fact that all models reviewed in this article that do not feature either sticky wages or immobile labor between two production sectors as in Boldrin et al. (2001) imply a negative correlation of working hours and output that is not observed empirically. Within the class of Neo-Keynesian models, sticky prices alone are demonstrated to be less successful than rigid nominal wages with respect to the modeling of the labor market stylized facts. In addition, monetary shocks in these models are required to be much more volatile than productivity shocks to match statistics from both the asset and labor market.

Money-Wage Dynamics and Labor-Market Equilibrium

1968 ◽  
Vol 76 (4, Part 2) ◽  
pp. 678-711 ◽  
Author(s):  
Edmund S. Phelps
Keyword(s):  
Labor Market ◽  
Market Equilibrium ◽  
Wage Dynamics ◽  
Money Wage

scholarly journals Perlindungan Hukum Terhadap Tenaga Kerja Perempuan Berdasarkan Undang-Undang Nomor 13 tahun 2003 tentang Ketenagakerjaan

2019 ◽  
Vol 2 (1) ◽  
pp. 34-46
Author(s):  
Kanyaka Prajnaparamita
Keyword(s):  
Labor Market ◽  
Women Workers ◽  
Labor Market Outcomes ◽  
Legal Protection ◽  
Working Hours ◽  
Physical Security ◽  
Application Process ◽  
Market Outcomes ◽  
Female Workers ◽  
The Republic

 Social policies designed to protect female workers that worked at night and promote equality in the workplace have a controversial effect on labor market outcomes. Restrictions on working hours and pregnancy benefits stipulated in applicable laws help protect the responsibilities of women workers who work at night for their families and ensure their physical security, but this regulation can raise doubts about the safety of women working at night. Protection of female workers has been regulated in the Law Number 13 of 2003 concerning Manpower and Decree of the Minister of Manpower and Transmigration Article 76. In addition, the regulation is also regulated in the Transmigration of the Republic of Indonesia No. Kep 224 / Men / 2003 regulates the obligations of employers who employ female workers or laborers, where the application process is carried out directly by the employer through a work agreement between employers and workers which is then supervised by the authorized agency. Keywords: Legal Protection, Women, Working at Night   Abstrak Kebijakan sosial yang dirancang untuk melindungi pekerja perempuan yang bekerja di malam hari dan mempromosikan kesetaraan di tempat kerja memiliki efek kontroversial pada hasil pasar kerja. Pembatasan jam kerja dan tunjangan kehamilan yang diatur dalam undang-undang yang berlaku membantu melindungi tanggung jawab pekerja perempuan yang bekerja di malam hari terhadap keluarganya dan memastikan keamanan fisik mereka, tetapi peraturan ini dapat menimbulkan keraguan terhadap keamanan perempuan yang bekerja pada malam hari. Perlindungan terhadap tenagakerja perempuan telah diatur dalam undang-undang yakni Undang-Undang Nomor 13 tahun 2003 tentang Ketenagakerjaan dan Keputusan Menteri Tenaga Kerja Pasal 76. Selain itu, pengaturannya diatur juga dalam Transmigrasi RI No.Kep 224/Men/2003 mengatur kewajiban pengusaha yang memperkerjakan pekerja atau buruh perempuan, dimana proses penerapanya dilakukan langsung oleh pengusaha lewat perjanjian kerja antara pengusaha dengan tenaga kerja yang kemudian diawasi oleh instansi yang berwenang. Kata Kunci : Perlindungan Hukum, Perempuan, Bekerja di Malam Hari 

Th e Economy

2010 ◽  
Author(s):  
Peter Baldwin
Keyword(s):  
Labor Market ◽  
Working Hours ◽  
Bertolt Brecht ◽  
State Regulation ◽  
The State ◽  
The Other ◽  
Free Markets ◽  
Long Line ◽  
The Government ◽  
New Jobs

Let Us Begin Where Everything Starts, with the economy and the labor market. This is perhaps where contrasts are thought to be sharpest. America—so the proponents of radical differences across the Atlantic argue—worships at the altar of what West German chancellor Helmut Schmidt once called Raubtierkapitalismus, predatory capitalism, where the market sweeps everything before it and the state exerts no restraint. The result is what another German chancellor, Gerhard Schröder, called amerikanische Verhältnisse, “American conditions,” plucked straight out of a play by Bertolt Brecht: America’s labor market is untrammeled and cruel, jobs are insecure and badly paid. Americans live to work, while Europeans work to live. That is the story. But is it true? America’s core ideological belief is oft en thought to be the predominance of the market and the absence of state regulation. “Everything should and must be pro-market, pro-business, and pro-shareholder,” as Will Hutton, a British columnist, puts it, “a policy platform lubricated by colossal infusions of corporate cash into America’s money-dominated political system. . . . ” Hutton stands in a long line of European critics who have seen nothing but the dominance of the market in America. There is some truth to the American penchant for free markets. But the notion that the Atlantic divides capitalism scarlet in tooth and claw from a more domesticated version in Europe has been overstated. When asked for their preferences, Americans tend to assign the state less of a role than many—though not all—Europeans. Proportionately fewer Americans think that the government should redistribute income to ameliorate inequalities, or that the government should seek to provide jobs for all, or reduce working hours. On the other hand, proportionately more Americans (by a whisker) than Germans and almost exactly as many as the Swedes think that government should control wages, and more want the government to control prices than Germans. Proportionately more Americans believe that the government should act to create new jobs than the Swedes, and about as many as the Germans, Finns, and Swiss. The percentage of Americans that thinks the state should intervene to provide decent housing is low.

Estimation of the labor market information–an empirical study in Taiwan1

2019 ◽  
Vol 37 (3) ◽  
pp. 3477-3487
Author(s):  
Ping-Yu Yang ◽  
Li-Chen Chou ◽  
Zhan-Ao Wang
Keyword(s):  
Labor Market ◽  
Empirical Study ◽  
Market Information
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