This page offers the latest information about workshop series by WINPEC (Waseda Institute of Political Economy).

Empirical Microeconomics

Takao Kato (Colgate University)

Jul. 21 2022
Title Working Hours, Top Management Appointments and Gender
Date July 21, 2022 (Thursday) 16:30-18:00
Location Hybrid (Room 601 in Building 3)
Abstract By combining Danish registry data covering the population of Danish workers with the Danish Labor Force Survey which includes detailed data on working hours, we provide fresh evidence and insights on a potentially important role that career concerns/considerations play in accounting for the incidence of long working hours. First, we yield new and robust evidence with external validity on a positive association between working hours and career success (measured by top management appointments) or the hours-career nexus. Second, we illuminate that the hours-career nexus is consistent with three distinct theories: (i) human capital; (ii) rat race; and (iii) tournament. Third, guided by each theory, we further analyze the data and discover that: (i) working long hours helps workers increase their odds of top management appointments within the firm but not elsewhere; (ii) own hours relative to peers’ hours (even after controlling for own hours) matter for career success; (iii) working nonstandard hours (evening/night and weekend) is an added advantage; (iv) working long hours over a sustained period of time is important; and (v) the gender gap in working hours is a major culprit for the gender gap in career advancement; and has more to do with the supply-side than the demand-side---while there is no significant gender gap in return to long working hours, our analysis of the 2001 Danish Time Use Survey yields evidence pointing to gendered division of labor in household production---male supervisory managers get help in household production from their spouses, yet female supervisory managers get little help in household production from their spouses.
Paper
Slide
Note For online paticipation, please register via the following link:
https://zoom.us/meeting/register/tJApce-sqjMiGdw28IIrWrZ02GVUo0QCkeAz