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The employment and hours worked of young individuals fluctuate much more over the business cycle than those of prime-aged individuals. Understanding the mechanism underlying this observation is key to explaining the volatility of aggregate hours over the cycle. We argue that the joint behavior...
Persistent link: https://www.econbiz.de/10012463951
We expand the analysis of cyclical changes in labor demand by decomposing changes along the intensive margin into those in days/week and in hours/day. Using large cross sections of U.S. data, 1985-2018, we observe around 1/4 of the adjustment in weekly hours occurring through changing days/week....
Persistent link: https://www.econbiz.de/10014635715
, while marketization reallocates labor from home to market services. Given gender comparative advantages, the first channel …
Persistent link: https://www.econbiz.de/10014544753
During the Great Depression of 1930s, changes in the workweek drove a larger portion of changes in total labor input than in other decades. Work-sharing policies appear to be responsible. Hoover created various work-sharing committees lead by key industrialists, which pushed for shorter...
Persistent link: https://www.econbiz.de/10012459846
We examine the impact of the global recession triggered by the Covid-19 pandemic on women's versus men's employment … moniker "mancessions," we show that the pandemic recession of 2020 was a "shecession" in most countries with larger employment …'s impact on the labor market. Another notable finding is the central role of telecommuting: gender gaps in the employment …
Persistent link: https://www.econbiz.de/10012510511
a larger gender wage gap. In the data women with children allocate more time to household care and are penalized by … missing work during peak hours. An equilibrium model with these key elements generates a gender wage gap of 6.6 percent or … equalized across occupations and set to a relatively low value (i.e. Health care support), the gender gap would fall by more …
Persistent link: https://www.econbiz.de/10012480492
relative to fathers, narrowing the emerging post-pandemic gender gap. Having a stay-at-home partner reduced the disruptions to …
Persistent link: https://www.econbiz.de/10012814443
of the data both qualitatively and quantitatively. We use the model to shed light on gender differences in labor market … outcomes that arise because of gender asymmetries in home production responsibilities. Our model generates large gender gaps in … ten hours per week increases the observed gender wage gap by roughly eleven percentage points and decreases the share of …
Persistent link: https://www.econbiz.de/10012455046
degrees. We show annual earnings and hours worked while enrolled in graduate school vary a lot by gender and degree. Finally …
Persistent link: https://www.econbiz.de/10013334324
To better understand the tight post-pandemic labor market in the US, we decompose the decline in aggregate hours worked into the extensive (fewer people working) and the intensive margin changes (workers working fewer hours). Although the pre-existing trend of lower labor force participation...
Persistent link: https://www.econbiz.de/10013537727