last39.txt - Relevant experience comes from across the channel where France legislated to reduce the working week to 35 hours first for large firms only

last39.txt - Relevant experience comes from across the...

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Relevant experience comes from across the channel, where France legislated to reduce the working week to 35 hours, first for large firms only in 1998, and then for small firms too. This study by Estavao and Sa reaches rather negative conclusions. There is no evidence that subjective happiness with working hours increased in France relative to other countries without this law; many circumvented the legislation by moving to smaller firms, not initially covered, or having second jobs; suggesting that they were not previously being compelled [except by financial necessity] to work long hours. And, incidentally, there was no detectable increase in employment in the firms studied. [Though this last result leaves it open as to whether employment rose or fell elsewhere]. If legislation of this kind were contemplated, what next: limits on consumption? Rules banning second jobs? Regulations restricting how much we drink, or how late in life we play football? Rules to free us from the shackles of fashion norms allowing us to relax and wear Marks and Spencer slacks? Posted in Uncategorized | 3 Comments BoE day. Justifying a hike is an uphill struggle Posted on November 2, 2017 by Tony Yates The Bank of England s Monetary Policy Committee raised interest rates for the first time today since 2007.
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  • Fall '15
  • DR. Aimal

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