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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 2003-03
上傳時間 6-Jan-2009 15:25:36 (UTC+8)
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
dc.creator (作者) 林忠正;楊建成zh_TW
dc.creator (作者) Lin, Chung-cheng;Yang, C. C.-
dc.date (日期) 2003-03en_US
dc.date.accessioned 6-Jan-2009 15:25:36 (UTC+8)-
dc.date.available 6-Jan-2009 15:25:36 (UTC+8)-
dc.date.issued (上傳時間) 6-Jan-2009 15:25:36 (UTC+8)-
dc.identifier.uri (URI) https://nccur.lib.nccu.edu.tw/handle/140.119/22341-
dc.description.abstract (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.-
dc.format application/en_US
dc.language enen_US
dc.language en-USen_US
dc.language.iso en_US-
dc.relation (關聯) Journal of Post Keynesian Economics,25(3),515-524en_US
dc.subject (關鍵詞) Workweeks; Studies; Adverse selection; Economic models; Economic theory; Public good; Pareto optimum; Working hours; Minimum wage-
dc.title (題名) A Labor Adverse Selection Model of Reducing Working Timeen_US
dc.type (資料類型) articleen