D 2015

Working-time during the economic crisis

GUZI, Martin

Basic information

Original name

Working-time during the economic crisis

Authors

GUZI, Martin (703 Slovakia, guarantor, belonging to the institution)

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

Stať ve sborníku

Field of Study

Economics

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

printed version "print"

References:

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.
Změněno: 2/9/2020 07:09, RNDr. Daniel Jakubík

Abstract

V originále

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.

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