Working time regulation, unequal lifetimes and fairness
Marie-Louise Leroux
(1, 2, 3, 4)
,
Grégory Ponthière
(5, 6, 7)
1
CORE -
Center of Operation Research and Econometrics [Louvain]
2 UQAM - Université du Québec à Montréal = University of Québec in Montréal
3 CIRPEE - Centre interuniversitaire sur le risque, les politiques économiques et l'emploi
4 CESifo - CESifo
5 PJSE - Paris Jourdan Sciences Economiques
6 PSE - Paris School of Economics
7 ERUDITE - Equipe de Recherche sur l’Utilisation des Données Individuelles en lien avec la Théorie Economique
2 UQAM - Université du Québec à Montréal = University of Québec in Montréal
3 CIRPEE - Centre interuniversitaire sur le risque, les politiques économiques et l'emploi
4 CESifo - CESifo
5 PJSE - Paris Jourdan Sciences Economiques
6 PSE - Paris School of Economics
7 ERUDITE - Equipe de Recherche sur l’Utilisation des Données Individuelles en lien avec la Théorie Economique
Grégory Ponthière
- Fonction : Auteur
- PersonId : 1129355
- ORCID : 0000-0002-7328-4441
- IdRef : 189782714
Résumé
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 off (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 off. However, age-specific regulations involving lower working time for the young and higher working time for the old make the short-lived better off, even though such regulations may not fully eradicate well-being inequalities.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Working time regulation, unequal lifetimes and fairness
|
Résumé |
en
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 off (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 off. However, age-specific regulations involving lower working time for the young and higher working time for the old make the short-lived better off, even though such regulations may not fully eradicate well-being inequalities.
|
Auteur(s) |
Marie-Louise Leroux
1, 2, 3, 4
, Grégory Ponthière
5, 6, 7
1
CORE -
Center of Operation Research and Econometrics [Louvain]
( 48233 )
- 34, Voie du Roman Pays B-1348 Louvain-la-Neuve
- Belgique
2
UQAM -
Université du Québec à Montréal = University of Québec in Montréal
( 360045 )
- Université du Québec à Montréal CP 8888, succursale Centre-ville Montréal (Québec) H3C 3P8
- Canada
3
CIRPEE -
Centre interuniversitaire sur le risque, les politiques économiques et l'emploi
( 129434 )
- 3000, chemin de la Côte-Sainte-Catherine, Montréal (Québec) CANADA H3T 2A7
- Canada
4
CESifo -
CESifo
( 242007 )
- Allemagne
5
PJSE -
Paris Jourdan Sciences Economiques
( 1171428 )
- 48 boulevard Jourdan 75014 Paris
- France
6
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
7
ERUDITE -
Equipe de Recherche sur l’Utilisation des Données Individuelles en lien avec la Théorie Economique
( 74242 )
- UPEM, 5 boulevard Descartes, 77454 Marne-la-Vallée CEDEX 2
UPEC - Faculté de sciences économiques et de gestion
Mail des mèches Rue Poète et Sellier 94010 Créteil Cedex
- France
|
Langue du document |
Anglais
|
Nom de la revue |
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Date de publication |
2018-10
|
Volume |
51
|
Numéro |
3
|
Page/Identifiant |
437 - 464
|
Domaine(s) |
|
DOI | 10.1007/s00355-018-1123-7 |
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