Working Time Regulation, Unequal Lifetimes and Fairness

Arbeitspapier

We examine the redistributive impact of working time regulations in an economy with unequal lifetimes. We first compare the laissez-faire equilibrium with the ex post egalitarian optimum, where the realized lifetime well-being of the worst o§ (usually the short-lived) is maximized, and show that, unlike the laissez-faire, this social optimum involves an increasing working time age profile and equalizes the realized lifetime well-being of the short-lived and the long-lived. We then examine whether working time regulations can compensate the short-lived. It is shown that uniform working time regulations cannot improve the situation of the short-lived with respect to the laissez-faire, and can only reduce well-being inequalities at the cost of making the short-lived worse o§. However, age-specific regulations involving lower working time for the young and higher working time for the old make the short-lived better o§, even though such regulations may not fully eradicate well-being inequalities.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Document de travail ; No. 2018-09

Klassifikation und Themen

• Klassifikation: Wirtschaft

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Leroux, Marie-Louise ; Ponthiere, Gregory
• Ereignis: Veröffentlichung
• (wer): Université du Québec à Montréal, École des sciences de la gestion (ESG UQAM), Département des sciences économiques
• (wo): Montréal
• (wann): 2018

Weitere Informationen

• Handle: http://hdl.handle.net/10419/234764
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ