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https://ah.lib.nccu.edu.tw/handle/140.119/22341
題名: | A Labor Adverse Selection Model of Reducing Working Time | 作者: | 林忠正;楊建成 Lin, Chung-cheng;Yang, C. C. |
關鍵詞: | Workweeks; Studies; Adverse selection; Economic models; Economic theory; Public good; Pareto optimum; Working hours; Minimum wage | 日期: | Mar-2003 | 上傳時間: | 6-Jan-2009 | 摘要: | This paper proposes a labor-adverse selection model where labor quality within an individual firm negatively depends upon the average working hours in the market. Under this setting, labor quality is a \"pure public good\" by nature, and the free market equilibrium will result in efficient allocation with underprovision. We show that shorter workweek regulations will increase the provision of the public good (labor quality, and the higher labor quality will increase firms` profits and employment. Shorter workweek regulations may therefore increase the firms` profits as well as the workers` employment and bring about a Pareto improvement. | 關聯: | Journal of Post Keynesian Economics,25(3),515-524 | 資料類型: | article |
Appears in Collections: | 期刊論文 |
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