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We develop an adjustment procedure to construct U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the dynamics of involuntary part-time work. Transitions from full-time to...
Persistent link: https://www.econbiz.de/10011913254
Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves … of job search from inactivity compared to unemployment. This factor provides enough structure to prevent arbitrary … splitting of unemployment outflows between employment and inactivity. In turn, the estimated job search factor can be used in a …
Persistent link: https://www.econbiz.de/10014461497
document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to …
Persistent link: https://www.econbiz.de/10014502913
This paper reviews the dramatic and widely noted developments in the German labor market in the past decade and surveys the most plausible reasons for these changes. Alternative hypotheses are compared and contrasted. I argue that the labor market reforms associated with the Agenda 2010 – the...
Persistent link: https://www.econbiz.de/10011437903
The supply and demand framework of Katz and Murphy (1992) provides new evidence on the source of changes in socially insured full-time and part-time employment in years preceding and following the implementation of the landmark Hartz reforms in Germany. Our findings are consistent with a stable...
Persistent link: https://www.econbiz.de/10011437993
We document that fluctuations in part-time employment play a major role in movements in hours per worker, especially during cyclical swings in the labor market. Building on this result, we propose a novel representation of the intensive margin based on a stock-flow framework. The evolution of...
Persistent link: https://www.econbiz.de/10011455784
, unemployment and nonparticipation for each country. We develop a decomposition measuring the contribution of these transition … institutions. Our analysis emphasizes age-dependent vs. age-independent labor market policies, and policies related to family … picture of the employment effects of labor market institutions …
Persistent link: https://www.econbiz.de/10012913907
A search-theoretic model of the labor market with idiosyncratic fluctuations in hours worked, search both off- and on-the-job, and multiple jobholding is developed. Taking on a second job entails a commitment to hold onto the primary employer, enabling the worker to use the primary job as her...
Persistent link: https://www.econbiz.de/10012022428
A search-theoretic model of the labor market with idiosyncratic fluctuations in hours worked, search both off- and on-the-job, and multiple jobholding is developed. Taking on a second job entails a commitment to hold onto the primary employer, enabling the worker to use the primary job as her...
Persistent link: https://www.econbiz.de/10012001478
The U.S. labor market experienced a more than 20 percent reduction in the share of workers holding multiple jobs over the past 20 years. While this substantial trend is receiving increasing attention, the literature lacks a comprehensive picture of the gross worker flows that underlie the...
Persistent link: https://www.econbiz.de/10011580911