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Adjusting Labor Along The Intensive Margins
Hamermesh, Daniel S.; Biddle, Jeff - National Bureau of Economic Research - 2024
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
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Adjusting labor along the intensive margins
Biddle, Jeff; Hamermesh, Daniel S. - 2024
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
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Not working at work : loafing, unemployment and labor productivity
Burda, Michael C.; Genadek, Katie R.; Hamermesh, Daniel S. - 2015
-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
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Not working at work : loafing, unemployment and labor productivity
Burda, Michael C.; Genadek, Katie; Hamermesh, Daniel S. - 2015
-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
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Not Working at Work : Loafing, Unemployment and Labor Productivity
Burda, Michael C. - 2015
-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
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The output gap, the labor wedge, and the dynamic behavior of hours
Sala, Luca; Söderström, Ulf; Trigari, Antonella - 2010
We use a standard quantitative business cycle model with nominal price and wage rigidities to estimate two measures of economic ineffciency in recent U.S. data: the output gap - the gap between the actual and effcient levels of output - and the labor wedge - the wedge between households'...
Persistent link: https://www.econbiz.de/10008696839
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The Output Gap, the Labor Wedge, and the Dynamic Behavior of Hours
Sala, Luca - 2010
We use a standard quantitative business cycle model with nominal price and wage rigidities to estimate two measures of economic inefficiency in recent U.S. data: the output gap (the gap between the actual and efficient levels of output) and the labor wedge (the wedge between households' marginal...
Persistent link: https://www.econbiz.de/10013138607
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Structural and Cyclical Forces in the Labor Market During the Great Recession : Cross-Country Evidence
Sala, Luca - 2012
movements in GDP, unemployment, vacancies, and wages in the period from 2007 until 2011. We show that contractionary financial … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …. A counterfactual experiment suggests that unemployment in Germany would have been substantially higher if the German …
Persistent link: https://www.econbiz.de/10013098495
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Structural and Cyclical Forces in the Labor Market During the Great Recession : Cross-Country Evidence
Sala, Luca - 2012
movements in GDP, unemployment, vacancies, and wages in the period from 2007 until 2011. We show that contractionary financial … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …. A counterfactual experiment suggests that unemployment in Germany would have been substantially higher if the German …
Persistent link: https://www.econbiz.de/10013099161
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Structural and cyclical forces in the labor market during the great recession : cross-country evidence
Sala, Luca; Söderström, Ulf; Trigari, Antonella - 2012
movements in GDP, unemployment, vacancies, and wages in the period from 2007 until 2011. We show that contractionary financial … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …. A counterfactual experiment suggests that unemployment in Germany would have been substantially higher if the German …
Persistent link: https://www.econbiz.de/10009632676