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http://hdl.handle.net/1893/11159| Appears in Collections: | Economics Journal Articles |
| Peer Review Status: | Refereed |
| Title: | Worksharing and Factor Prices |
| Author(s): | Hart, Robert A |
| Contact Email: | r.a.hart@stir.ac.uk |
| Issue Date: | Mar-1984 |
| Date Deposited: | 26-Feb-2013 |
| Citation: | Hart RA (1984) Worksharing and Factor Prices. European Economic Review, 24 (2), pp. 165-188. https://doi.org/10.1016/0014-2921%2884%2990105-3 |
| Abstract: | The aspect of worksharing on which this paper concentrates concerns an increase in the firm's workforce offset by a reduction in average working hours. Emphasis is given to the effect of relative factor prices on worksharing within a model structure which includes the capital stock and worker productivity as endogenous inputs. Factor prices include all the main categories of wage and non-wage labour payments as well as the user cost of capital. Special attention is given to the role of non-wages, both quasi-fixed and variable. An analysis of the effects of marginal employment subsidies on worksharing is also considered with reference to the French 'solidarity contracts'. |
| DOI Link: | 10.1016/0014-2921(84)90105-3 |
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|---|---|---|---|---|
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