Showing 1 - 10 of 42
We measure the impact of measurement error in labor-supply elasticities estimated over recalled usual work hours, as is ubiquitous in the literature. Employing hours of work in diaries collected by the American Time Use Survey, 2003-12, along with the same respondents' recalled usual hours, we...
Persistent link: https://www.econbiz.de/10012977338
At least since 1870 hours worked per worker declined and real wages increased in many of today's industrialized countries. The dual nature of technological progress in conjunction with a consumption-leisure complementarity explains these stylized facts. Technological progress drives real wages...
Persistent link: https://www.econbiz.de/10012925257
Declining hours of work per worker in conjunction with a growing work force may give rise to fluctuations between growth regimes. This is shown in an overlapping generations model with two-period lived individuals endowed with Boppart-Krusell preferences (Boppart and Krusell (2020)). On the...
Persistent link: https://www.econbiz.de/10013233150
We examine work patterns in the U.S. from 1973-2018, with the novel focus on days per week, using intermittent CPS samples and one ATUS sample. Among full-time workers the incidence of four-day work tripled, with 8 million additional four-day workers. Similar growth occurred in the Netherlands,...
Persistent link: https://www.econbiz.de/10013209873
Declining hours of work per worker in conjunction with a growing work force may give rise to fluctuations between growth regimes. This is shown in an overlapping generations model with two-period lived individuals endowed with Boppart-Krusell preferences (Boppart and Krusell (2020)). On the...
Persistent link: https://www.econbiz.de/10012499514
We measure the impact of measurement error in labor-supply elasticities estimated over recalled usual work hours, as is ubiquitous in the literature. Employing hours of work in diaries collected by the American Time Use Survey, 2003-12, along with the same respondents' recalled usual hours, we...
Persistent link: https://www.econbiz.de/10011594532
At least since 1870 hours worked per worker declined and real wages increased in many of today's industrialized countries. The dual nature of technological progress in conjunction with a consumption-leisure complementarity explains these stylized facts. Technological progress drives real wages...
Persistent link: https://www.econbiz.de/10011782121
For many years, California required that most women receive an overtime premium of time and a half for hours of work beyond 8 in a given day. In 1980, this daily overtime penalty was extended to men as well. This situation provides a unique opportunity to estimate the impact of an exogenous...
Persistent link: https://www.econbiz.de/10014216020
We examine patterns of work in the U.S. from 1973-2018 with the novel focus on days per week, using intermittent CPS samples and one ATUS sample. Among full-time workers the incidence of four-day work tripled during this period, with over 8 million more full-time workers on four-day weeks. The...
Persistent link: https://www.econbiz.de/10013334325
Persistent link: https://www.econbiz.de/10000626663