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The ins and outs of involuntary part-time employment
Borowczyk-Martins, Daniel; Lalé, Etienne - 2018
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the dynamics of involuntary part-time work. Transitions from full-time to...
Persistent link: https://www.econbiz.de/10011913254
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The Ins and Outs of Involuntary Part-Time Employment
Borowczyk-Martins, Daniel - 2018
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the dynamics of involuntary part-time work. Transitions from full-time to...
Persistent link: https://www.econbiz.de/10012910733
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The ins and outs of involuntary part-time employment
Borowczyk-Martins, Daniel; Lalé, Etienne - 2018
We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the dynamics of involuntary part-time work. Transitions from full-time to...
Persistent link: https://www.econbiz.de/10012023910
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The Ins and Outs of Involuntary Part-time Employment
Borowczyk-Martins, Daniel; Lalé, Etienne - 2020
reverse transition probability. We compare the dynamics of unemployment and involuntary part-time employment to argue that … they reflect the operation of distinct labor-adjustment channels. While unemployment dynamics are driven by movements in …
Persistent link: https://www.econbiz.de/10014109553
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Employment Adjustment and Part-Time Work : Lessons from the United States and the United Kingdom
Borowczyk-Martins, Daniel - 2019
We document that fluctuations in part-time employment play a major role in movements in hours per worker during cyclical swings in the labor market. Building on this result, we develop a stock-flow framework to describe the dynamics of part-time employment. The evolution of part-time employment...
Persistent link: https://www.econbiz.de/10012904591
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The Welfare Effects of Involuntary Part-Time Work
Borowczyk-Martins, Daniel - 2017
unemployment. Spells of involuntary part-time work are different from unemployment spells: a full-time worker who takes on a part … unemployment risk alongside an additional risk of involuntary part-time employment. A calibration of the model consistent with U ….S. institutions and labour market dynamics shows that involuntary part-time work generates lower welfare losses relative to …
Persistent link: https://www.econbiz.de/10012969622
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The Ins and Outs of Unemployment in the Long Run: Unemployment Flows and the Natural Rate
Tasci, Murat - 2012
This paper proposes an empirical method for estimating a long-run trend for the unemployment rate that is grounded in … the modern theory of unemployment. I write down an unobserved components model and identify the cyclical and trend … components of the underlying unemployment flows, which in turn imply a time varying estimate of the unemployment trend, the …
Persistent link: https://www.econbiz.de/10010500228
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The ins and outs of unemployment in the long run : unemployment flows and the natural rate
Tasci, Murat - 2012 - This version: October 2012, First version: August 2010
This paper proposes an empirical method for estimating a long-run trend for the unemployment rate that is grounded in … the modern theory of unemployment. I write down an unobserved components model and identify the cyclical and trend … components of the underlying unemployment flows, which in turn imply a time varying estimate of the unemployment trend, the …
Persistent link: https://www.econbiz.de/10009668477
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The Ins and Outs of Unemployment in the Long Run : A New Estimate for the Natural Rate?
Tasci, Murat - 2011
uncover the trend changes in these flows, which determine the trend in the unemployment rate. We argue that this trend rate … margin after 2000, pushing trend unemployment up. But the trend in the separation rate has somewhat offset that effect, with … unemployment rate, most of the low-frequency variation in the rate can be accounted for by changes in the trend of the separation …
Persistent link: https://www.econbiz.de/10013132287
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The Ins and Outs of Unemployment in the Long Run : Unemployment Flows and the Natural Rate
Tasci, Murat - 2012
This paper proposes an empirical method for estimating a long-run trend for the unemployment rate that is grounded in … the modern theory of unemployment. I write down an unobserved-components model and identify the cyclical and trend … components of the underlying unemployment flows, which in turn imply a time-varying estimate of the unemployment trend, the …
Persistent link: https://www.econbiz.de/10013098216