Jaimovich, Nir; Pruitt, Seth; Siu, Henry E. - In: American Economic Review 103 (2013) 7, pp. 3022-44
Over the business cycle young workers experience much greater volatility of hours worked than prime-aged workers. This can arise from age differences in labor supply or labor demand characteristics. To distinguish between these, we document that, for young workers, both the cyclical volatilities...