fiscal shocks and non-fiscal shocks on the gender composition of employment. We show that contractionary non-fiscal shocks … lead to man-cessions, i.e. employment falls and more strongly so for men. By contrast, an expansionary fiscal shock … predominantly raises the employment of women. Taken together, these results imply a trade-off dilemma for policy that seeks to …

We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and … part-time work. Transitions from full-time to involuntary part-time employment dominate this dynamics, spiking up at …

-intuitive, is shown to be consistent with well-known business cycle facts, such as pro-cyclical employment and pro-cyclical vacancy …

component are shown to be important for the sluggish recovery of employment following recessions, in particular the Great …

an adjustment cost function for employment and hours. We calibrate the model to match the Japanese labor market, in which … behavior of hours of work, but fails to generate employment volatility of realistic magnitude. Additional penalties for longer …

unemployed job applicants, whose proportions naturally vary over the business cycle; (iii) within employment, the slow …