Tekijä(t): Böckerman Petri ja Kiander Jaakko
The paper investigates the employment effects of working time reductions in Finland by dividing the economy into six main sectors from 1960 to 1996. Work-sharing works if there exists a tradeoff betw een the average working time and employment. This means that a reduction in average working hours delivers an increase in employment. The main result is that a reduction in actual average hours seems to deliver an increase in employment in the short run on condition that output does not deteriorate as a result of shorter average working time.