Effects of a National Work Hours Restriction in a High Hours Country
This paper examines the effect of a new maximum work hour restriction introduced in South Korea in 2018 that limited maximum working hours from 68 h/week to 52 h/week. I use difference-in-differences analysis with continuous treatment measuring the prevalence of those working longer than 52 h/week prior to the policy change across industry-occupation-education groups. I find that the policy reduces work hours while increasing monthly earnings and hourly wages for male full-time workers. However, I find that the policy does not significantly affect total work hours, total employment, and total worker pay at the industry-occupation-education group level.
Teaching Assistant at University of Colorado Boulder
Graduate Tutor at University of Colorado Boulder
Instructor of Record at University of Colorado Boulder
Predictions of Apartment Prices
Professor Terra McKinnish
Department of Economics, University of Colorado Boulder
256 UCB, Boulder, Colorado 80309-0256
Phone: (303) 492-6770
Email: terra.mckinnish@colorado.edu
Professor Brian Cadena
Department of Economics, University of Colorado Boulder
256 UCB, Boulder, Colorado 80309-0256
Phone: (303) 492-7908
Email: brian.cadena@colorado.edu
Professor Francisca Antman
Department of Economics, University of Colorado Boulder
256 UCB, Boulder, Colorado 80309-0256
Phone: (303) 492-8872
Email: francisca.antman@colorado.edu