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Persistent link: https://www.econbiz.de/10011484174
What explains how much people work? Going back in time, a main fact to address is the steady reduction in hours worked. The long-run data, for the U.S. as well as for other countries, show a striking pattern whereby hours worked fall steadily by a little below a half of a percent per year,...
Persistent link: https://www.econbiz.de/10012992666
What explains how much people work? Going back in time, a main fact to address is the steady reduction in hours worked. The long-run data, for the U.S. as well as for other countries, show a striking pattern whereby hours worked fall steadily by a little below a half of a percent per year,...
Persistent link: https://www.econbiz.de/10012456460
We quantify the importance of precautionary labor supply using data from the German Socio- Economic Panel (SOEP) for 2001-2012. We estimate dynamic labor supply equations augmented with a measure of wage risk. Our results show that married men choose about 2.5% of their hours of work or one week...
Persistent link: https://www.econbiz.de/10011497053
counter to the predictions of neoclassical labour supply theory. This owes to a fundamental difference in terms of theoretical …
Persistent link: https://www.econbiz.de/10011632752
Persistent link: https://www.econbiz.de/10003584666
den USA. Frühere Untersuchungen haben gezeigt, dass die extensive Margin dominiert und, dass, zweitens, in beiden Ländern … der extensiven und der intensiven Margin in den USA im zeitlichen Verlauf relativ stabil ist, variiert deren relative … den USA. Allerdings hängt ihre tatsächliche quantitative Bedeutung in erheblichem Umfang von der Wahl des …
Persistent link: https://www.econbiz.de/10011433362
We examine patterns of work in the U.S. from 1973-2018 with the novel focus on days per week, using intermittent CPS samples and one ATUS sample. Among full-time workers the incidence of four-day work tripled during this period, with over 8 million more full-time workers on four-day weeks. The...
Persistent link: https://www.econbiz.de/10013334325
Individuals' estimates of their paid working hours in response to the Current Population Survey (CPS) are biased upward. The bias is demonstrated here using two independent alternative sources of work-hour estimates: time-diary studies and the BLS Current Employment Statistics (CES) survey,...
Persistent link: https://www.econbiz.de/10014047728
counter to the predictions of neoclassical labour supply theory. This owes to a fundamental difference in terms of theoretical …
Persistent link: https://www.econbiz.de/10014215509