Abstract:This concluding chapter presents a synthesis of the discussions in the preceding chapters. It is argued that in no country that engaged in ‘straight’ work-sharing (i.e., decreasing the workweek from, say, forty to thirty-five hours) created extra employment. In all countries there were and still are forces pushing for some form of work-sharing. However, the exact implementation is an equilibrium phenomenon that largely depends on a complex set of factors ranging from institutions, the size and international po… Show more
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