wow-inequalities/02-data/intermediate/wos_sample/db5fc3350c2b70509954ee05c62cf860-golden-l/info.yaml

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abstract: 'An eclectic framework is developed to understand long-term and
short-term patterns in worktime, and to explain labor market anomalies
such as the downward inflexibility of the workweek and coexistence of
underemployment and overemployment. Neoclassical labor demand and supply
models focus narrowly on monetary cost and individual welfare
consequences. Post-Keynesian, institutionalist, and radical political
economy paradigms suggest work hours and institutions regulating its
adjustment also reflect uncertainty, relative incomes, internal labor
markets, custom, power, and effort-regulation.
Work hours have three measurable dimensions-mean duration, variability,
and dynamic flexibility. Employers seek `''numerical flexibility,'''' and
households desire minimal conflict with non-worktime activities. If
irreconciliable, length and allocation outcomes will be determined by
relative bargaining power. Given evidence of imperfect sorting in labor
markets according to hours preferences, and that flexible hour
arrangements favorably affect productivity or personnel cost (an
`''efficiency hours'''' hypothesis), innovative government policies are
suggested which would induce firms to better synchronize their aims with
diversifying employee preferences.'
affiliation: Golden, L (Corresponding Author), PENN STATE UNIV, UNIVERSITY PK, PA
16802 USA.
author: Golden, L
author_list:
- family: Golden
given: L
da: '2023-09-28'
doi: 10.1080/00346769600000001
eissn: 1470-1162
files: []
issn: 0034-6764
journal: REVIEW OF SOCIAL ECONOMY
keywords: 'worktime; workweek; work-sharing; work hours; flexible hours; labor
market; bargaining power'
keywords-plus: 'COMPENSATING WAGE DIFFERENTIALS; UNITED-STATES; HOURS CONSTRAINTS;
WORKING HOURS; CHILD-CARE; TIME; POWER; PREFERENCES; INEQUALITY;
EMPLOYERS'
language: English
month: SPR
number: '1'
number-of-cited-references: '128'
pages: 1-45
papis_id: a6938a8b0313695288fbf02adff93891
ref: Golden1996economicsworktime
researcherid-numbers: ', Lonnie/ABF-7000-2020'
tags:
- relevant
- review
times-cited: '27'
title: The economics of worktime length, adjustment, and flexibility - A synthesis
of contributions from competing models of the labor market
2023-10-01 08:15:07 +00:00
type: article
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unique-id: WOS:A1996UF31100001
usage-count-last-180-days: '1'
usage-count-since-2013: '32'
volume: '54'
web-of-science-categories: Economics
year: '1996'