TBA

We examine the distribution of hours of work across industrial sectors in OECD countries. We find large disparities when sectors are disaggregated into those that produce goods (a) with no home substitutes, (b) in health and social care, or (c) with close home substitutes. We attribute the...

We study the impact of three different types of policy on the sectoral composition of employment and on the overall level of market employment: (1) regulations that reduce the efficiency of market production, such as administrative burdens on companies, (2) income transfers across population...

We study the interactions between aggregate growth and structural change. Our economy has many sectors characterized by different rates of total factor productivity growth and producing differentiated products. All sectors produce consumption goods but one sector, labelled manufacturing, also...