URN |
etd-0506117-104044 |
Author |
I-Ling Yeh |
Author's Email Address |
No Public. |
Statistics |
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Department |
Economics |
Year |
2016 |
Semester |
2 |
Degree |
Master |
Type of Document |
|
Language |
zh-TW.Big5 Chinese |
Title |
The macroeconomic effects of working hour regulations |
Date of Defense |
2017-06-09 |
Page Count |
41 |
Keyword |
labor hours regulations
premium pay
dynamic stochastic general equilibrium model
overtime
|
Abstract |
Long working hours have been one of the policy issues that the Taiwanese government intends to address recently. This paper sets up a dynamic stochastic general equilibrium model to discuss the macroecomonic effects of working hour regulations. Decreasing working hours tends to decrease labor income and output, but it also increases household’s welfare because leisure rises. When welfare is measured by consumption alone, reduced working hours, however, lower welfare because of falling consumption. Finally, we find the macroeconomic effects of increasing mandatory overtime premium is qualitatively the same to those of decreasing working hours, which decreases labor income and output. |
Advisory Committee |
Juin-Jen Chang - chair
Chih-Yu Yang - co-chair
Shu-Chun Yang - advisor
|
Files |
indicate access worldwide |
Date of Submission |
2017-06-23 |