• Graduate program
    • Why Tinbergen Institute?
    • Program Structure
    • Courses
    • Course Registration
    • Facilities
    • Admissions
    • Recent PhD Placements
  • Research
  • News
  • Events
    • Summer School
      • Behavioral Macro and Complexity
      • Econometrics and Data Science Methods for Business and Economics and Finance
      • Experimenting with Communication – A Hands-on Summer School
      • Inequalities in Health and Healthcare
      • Introduction in Genome-Wide Data Analysis
      • Research on Productivity, Trade, and Growth
      • Summer School Business Data Science Program
    • Events Calendar
    • Tinbergen Institute Lectures
    • Annual Tinbergen Institute Conference
    • Events Archive
  • Summer School
  • Alumni
  • Times
Home | Events Archive | Does Worktime Regulation Cost Jobs?
Seminar

Does Worktime Regulation Cost Jobs?


  • Series
    Labor Seminars
  • Speaker(s)
    Felix Koenig (Carnegie Mellon University, United States)
  • Location
    Tinbergen Institute Amsterdam, room 1.61
    Amsterdam
  • Date and time

    June 07, 2022
    15:30 - 16:30

Abstract
Paid time off is one of the most common and most valued amenities of employment. This study analyses the labor market effects of mandating paid time off. We leverage a German court ruling that mandated more time off for specific age groups in some industries. We find that the ruling significantly increased paid time off, with no adverse effects on employment or wages. We interpret these results through the lens of canonical labor market models and find evidence for imperfect competition in the labor market. Our results suggest a similar degree of market power of employers over low and high-paid workers. Joint paper with Simon Quach.