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a given industry, because firms paying below-market-level straight-time wages tend to award above-market-level overtime … premiums, and, conversely, firms paying above-market-level straight-time wages provide below-market-level overtime premiums …
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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...
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to maintain their real wages by reducing labor demand still further. Furthermore, we argue inflationary pressures have …
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on initial labour market outcomes including status, wages and employment stability, which persist over the subsequent ten …
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