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the macroeconomic implications of relaxing this assumption. Estimation from micro data using labor hours, wages …
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I present empirical evidence of how the U.S. economy, including per-capita hours worked, responds to a technology shock. In particular, I present results based on permanent changes to a constructed direct measure of technological change for U.S. manufacturing industries. Based on empirical...
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The movement of hours worked over the business cycle is an important input into the estimation of many key parameters in macroeconomics. Unfortunately, the available data on hours do not correspond precisely to the concept required for accurate inference. We study one source of...
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simple model of employment and the workweek, I use mean workweek levels to identify the effect of workweek flexibility and …
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The employment and hours worked of young individuals fluctuate much more over the business cycle than those of prime … the cycle. We argue that the joint behavior of age-specific hours and wages in the U.S. data point to differences in the … behavior of age-specific hours and wages while generating a series of aggregate hours that is nearly as volatile as output. …
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We study variations in housework time and leisure consumption when workers are subject to labor market work hours constraints that prevent them from working the optimal number of hours. Using data from two large nationwide longitudinal surveys, we first document that such constraints are...
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