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The Macroeconomic Effects of Overworking in China.
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
The Macroeconomic Effects of Overworking in China./
作者:
Wang, Yi.
面頁冊數:
1 online resource (24 pages)
附註:
Source: Masters Abstracts International, Volume: 82-12.
Contained By:
Masters Abstracts International82-12.
電子資源:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=28494658click for full text (PQDT)
ISBN:
9798516056628
The Macroeconomic Effects of Overworking in China.
Wang, Yi.
The Macroeconomic Effects of Overworking in China.
- 1 online resource (24 pages)
Source: Masters Abstracts International, Volume: 82-12.
Thesis (M.S.)--Tufts University, 2021.
Includes bibliographical references
I build a macroeconomic framework with searching and matching model that incorporates overworking with an endogenous health channel to analyze the labor market and macroeconomic consequences of overwork. With the existence of productivity heterogeneity in the labor force, the weight of high productivity workers is determined endogenously so that firms are indifferent between worker categories, leading to overworking. At the same time, working not only causes disutility directly but also creates disutility through the health channel by accelerating the depreciation in health. Under a right-to-manage setting, as the weight shift towards low productivity workers, workers experience an increase in overtime andhealth depreciation, a decrease in the level of health and in consumption, leading to lower overall welfare with negligible changes in labor market variables.
Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2023
Mode of access: World Wide Web
ISBN: 9798516056628Subjects--Index Terms:
General equilibriumIndex Terms--Genre/Form:
542853
Electronic books.
The Macroeconomic Effects of Overworking in China.
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Includes bibliographical references
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I build a macroeconomic framework with searching and matching model that incorporates overworking with an endogenous health channel to analyze the labor market and macroeconomic consequences of overwork. With the existence of productivity heterogeneity in the labor force, the weight of high productivity workers is determined endogenously so that firms are indifferent between worker categories, leading to overworking. At the same time, working not only causes disutility directly but also creates disutility through the health channel by accelerating the depreciation in health. Under a right-to-manage setting, as the weight shift towards low productivity workers, workers experience an increase in overtime andhealth depreciation, a decrease in the level of health and in consumption, leading to lower overall welfare with negligible changes in labor market variables.
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