TY  - RPRT
        AU  - Raposo, Pedro
AU  - Ours, Jan C. van
        TI  - How Working Time Reduction Affects Employment and Earnings
        PY  - 2008/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 3723
        UR  - https://www.iza.org/index.php/publications/dp3723
        AB  - December 1, 1996 Portugal introduced a new law on working hours which gradually reduced the standard workweek from 44 hours to 40 hours. We study how this mandatory working hours reduction affected employment and earnings of workers involved. We find for workers who were affected by the new law that working hours decreased, while hourly wages increased, keeping monthly earnings approximately constant. We also find that the working hours reduction did not lead to an increased job loss of workers directly affected. Finally, we find that workers who themselves were not directly affected were influenced by the working hours reduction indirectly. If they worked in a firm with many workers working more than 40 hours before the change in law was introduced.
        KW  - employment dynamics
KW  - policy reform
KW  - workweek reduction
KW  - earnings
        ER  -