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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
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 ¼ of the adjustment in weekly hours occurring through changing days/week....
Persistent link: https://www.econbiz.de/10014584359
-work time is substantial and varies positively with the local unemployment rate. While the average time spent by workers in non …-work conditional on any positive non-work rises with the unemployment rate, the fraction of workers who report time in non-work varies … amounts of non-work with wage rates and measures of unemployment benefits in state data linked to the ATUS, and it is …
Persistent link: https://www.econbiz.de/10011280688
-work time is substantial and varies positively with the local unemployment rate. While the average time spent by workers in non …-work conditional on any positive non-work rises with the unemployment rate, the fraction of workers who report time in non-work varies … amounts of non-work with wage rates and measures of unemployment benefits in state data linked to the ATUS, and it is …
Persistent link: https://www.econbiz.de/10011296782
institutions (short-time work, government spending rules) and shocks (aggregate, labor market, and policy shocks) and to perform …
Persistent link: https://www.econbiz.de/10012909849
-work time is substantial and varies positively with the local unemployment rate. While the average time spent by workers in non …-work conditional on any positive non-work rises with the unemployment rate, the fraction of workers who report time in non-work varies … amounts of non-work with wage rates and measures of unemployment benefits in state data linked to the ATUS, and it is …
Persistent link: https://www.econbiz.de/10013016402
institutions (short-time work, government spending rules) and shocks (aggregate, labor market, and policy shocks) and to perform …
Persistent link: https://www.econbiz.de/10011634724
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty in order to prevent layoffs and stabilize employment. Many OECD countries have used this policy in the Great Recession, for example. This paper shows that the effects of...
Persistent link: https://www.econbiz.de/10011718992
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10011845664
institutions (short-time work, government spending rules) and shocks (aggregate, labor market, and policy shocks) and to perform …
Persistent link: https://www.econbiz.de/10011916540