Not Employed 37 Hours or Employed 41? : A CGE Analysis for Germany


Conrad, Klaus ; Koschel, Henrike ; Löschel, Andreas


[img]
Vorschau
PDF
dp0542.pdf - Veröffentlichte Version

Download (271kB)

URL: http://ub-madoc.bib.uni-mannheim.de/1115
URN: urn:nbn:de:bsz:180-madoc-11152
Dokumenttyp: Arbeitspapier
Erscheinungsjahr: 2005
Sprache der Veröffentlichung: Englisch
Einrichtung: Sonstige Einrichtungen > Zentrum für Europ. Wirtschaftsforschung (ZEW)
MADOC-Schriftenreihe: Veröffentlichungen des ZEW (Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Fachgebiet: 330 Wirtschaft
Fachklassifikation: JEL: D58 J23 J21 ,
Normierte Schlagwörter (SWD): Deutschland , General Equilibrium Environmental Model , Arbeitslosigkeit , Arbeitszeit
Abstract: The objective of our analysis is to find out whether an increase in working time without pay compensation can be considered an adequate policy to reduce unemployment. From the perspective of economic theory the outcome is in general ambiguous: On the one hand, as the increase in working time raises labour productivity per employee, conditional demand for labour will increase (substitution effect) and conditional demand for intermediate inputs will decline. Since, on the other hand, workers do have a longer working time anyway, no positive effect on the number of persons employed can be expected. However, output of the manufacturing industry, and thus unconditional demand for labour, capital and intermediate goods, will increase (output effect). In order to sell the additional output, firms have to lower prices. Depending on the price elasticities, revenues and hence profits will change. We quantify the employment effects of an economy-wide increase in weekly normal hours in Germany on the basis of a CGE model using an input-output framework for all sectors of the economy. Our simulation results support the argument of the opponents of longer working time that not more jobs will be created. However, when we recycled the higher tax revenues from GDP growth to lower the contribution to social security, then we have been able to support the claim of the proponents that more jobs will be created.
Zusätzliche Informationen:

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




+ Zitationsbeispiel und Export

Conrad, Klaus und Koschel, Henrike und Löschel, Andreas (2005) Not Employed 37 Hours or Employed 41? : A CGE Analysis for Germany. [Arbeitspapier]
[img]
Vorschau



+ Suche Autoren in

+ Download-Statistik

Downloads im letzten Jahr

Detailierte Angaben



Sie haben einen Fehler gefunden? Teilen Sie uns Ihren Korrekturwunsch bitte hier mit: E-Mail


Actions (login required)

Eintrag anzeigen Eintrag anzeigen