Přehled o publikaci
2015
Working-time during the economic crisis
GUZI, MartinBasic information
Original name
Working-time during the economic crisis
Authors
GUZI, Martin
Edition
Ostrava, Proceedings of the 13th International Conference "Economic Policy in the European Union Member Countries" p. 153-160, 8 pp. 2015
Publisher
Faculty of Economics, VSB – Technical University of Ostrava
Other information
Language
English
Type of outcome
Proceedings paper
Field of Study
Economics
Country of publisher
Czech Republic
Confidentiality degree
is not subject to a state or trade secret
Publication form
printed version "print"
References:
Marked to be transferred to RIV
Yes
RIV identification code
RIV/00216224:14560/15:00095796
Organization
Ekonomicko-správní fakulta – Repository – Repository
ISBN
978-80-248-3796-3
Keywords in English
Working-time; economic crisis; short-time work
Links
EE2.3.30.0037, research and development project.
Changed: 2/9/2020 07:09, RNDr. Daniel Jakubík
Abstract
In the original language
This paper explains why working-time temporarily increased during the recent economic crisis in the Czech Republic when at the same time the majority of OECD countries encountered the opposite development (i.e. a reduction in working-time during the crisis). The empirical analysis supports the hypothesis that companies responded to the economic crisis in 2009 by reducing their numbers of employees (which led to an increase in unemployment) and later, when the economy recovered, these employers did not hire workers again (the unemployment rate remained high) but instead stretched the working schedules of their employees. This paper further documents significant improvements in working-time arrangements in the Czech Republic. In comparison to 10 years ago, fewer people work in the evenings, nights or over weekends. The incidence of overtime has decreased, and more people work close to their desired working hours. Results suggest that the promotion of flexible work practices may improve job stability and further reduce the incidence of long working hours.