GLOSSARY 3

EXECUTIVE SUMMARY 4

INTRODUCTION 5

LITERATURE REVIEW 6

INSTITUTIONAL CONTEXT IN NORDIC LABOR MARKETS 8

STYLIZED FACTS 11

METHODOLOGY 14

DECOMPOSITION RESULTS 18

SUPPLEMENTARY EVIDENCE: DESIRED VERSUS USUAL HOURS 20

CONCLUDING REMARKS 22

FIGURES

  1. Average Number of Actual Weekly Hours of Work in Main Job 5

  2. Average Actual Weekly Hours Worked 11

  3. Total Hours Worked 12

  4. AAHW Changes by Worker Group 13

  5. Actual Weekly Hours of Work in Main Job by Education Level 14

  6. Decomposition of the Change in Average Actual Hours Worked 18

  7. Gap between Desired and Usual Hours Worked by Education Level 22

ANNEX

  I. Additional Shapley Decompositions 25

REFERENCES 31