{"id":123444,"date":"2024-01-23T08:33:39","date_gmt":"2024-01-23T07:33:39","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/123444\/"},"modified":"2024-11-07T05:25:39","modified_gmt":"2024-11-07T04:25:39","slug":"work-sharing-for-a-sustainable-economy-wwwforeurope-working-paper-no-111","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/123444\/","title":{"rendered":"Work-sharing for a Sustainable Economy. WWWforEurope Working Paper No. 111"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-123444","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Achieving low unemployment in an environment of weak growth is a major policy challenge; a more egalitarian distribution of hours worked could be the key to solving it. Whether work-sharing actually increases employment, however, has been debated controversially. In this article we present stylised facts on the distribution of hours worked and discuss the role of work-sharing for a sustainable economy. Building on recent developments in labour market theory we review the determinants of working long hours and its effect on well-being. Finally, we survey work-sharing reforms in the past. While there seems to be a consensus that worksharing in the Great Depression in the USA and in the Great Recession in Europe was successful in reducing employment losses, perceptions of the work-sharing reforms implemented between the 1980ies and early 2000ies are more ambivalent. However, even the most critical evaluations of these reforms provide no credible evidence of negative employment effects; instead, the overall success of the policy seems to depend on the economic and institutional setting, as well as the specific details of its implementation.","onlinedate":"2016-02-16 01:00:00","lang":"English","publication_series":"WWWforEurope: Welfare, Wealth and Work for Europe","publication_date":"20160101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"29","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":361585,"zip":null,"link":"","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[81966],"research_groups":[3510],"collaboration":"","persons":[4569,15011,4853],"persons_data":"[{\"personId\":4569,\"personName\":\"Klara Zwickl\",\"organisationNames\":[]},{\"personId\":15011,\"personName\":\"Franziska Disslbacher\",\"organisationNames\":[]},{\"personId\":4853,\"personName\":\"Sigrid Stagl\",\"organisationNames\":[]}]","clients":[10692,10704,10722,32851],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Work-sharing for a Sustainable Economy. WWWforEurope Working Paper No. 111 - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/123444\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Work-sharing for a Sustainable Economy. 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