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recessions allows for a more general discussion on the impact of adjustment frictions in the dual labor market and the effects …
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current institutions, past performance during recessions, and the policy measures adopted during the pandemic. Emphasis is …
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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 ¼ of the adjustment in weekly hours occurring through changing days/week....
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