Working Time and Employment Under Uncertainty

Verfasser / Beitragende:
[Yu-Fu Chen, Michael Funke]
Ort, Verlag, Jahr:
2004
Enthalten in:
Studies in Nonlinear Dynamics & Econometrics, 8/3(2004-09-16)
Format:
Artikel (online)
ID: 378906879
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024 7 0 |a 10.2202/1558-3708.1150  |2 doi 
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245 0 0 |a Working Time and Employment Under Uncertainty  |h [Elektronische Daten]  |c [Yu-Fu Chen, Michael Funke] 
520 3 |a The standard literature on working time has modelled the decisions of firms in a deterministic framework in which firms can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we consider the impact of uncertainty and real options on the decision of working time and examine the determinants of employment and hours in a stochastic framework. A number of simulation exercises to illustrate the workings of the model are also undertaken. 
540 |a ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston 
700 1 |a Chen  |D Yu-Fu  |u Dept of Economic Studies, University of Dundee, UK, y.f.chen@dundee.ac.uk  |4 aut 
700 1 |a Funke  |D Michael  |u University of Hamburg, Germany, funke@hermesl.econ.uni-hamburg.de  |4 aut 
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950 |B NATIONALLICENCE  |P 700  |E 1-  |a Funke  |D Michael  |u University of Hamburg, Germany, funke@hermesl.econ.uni-hamburg.de  |4 aut 
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