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in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …
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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...
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workers’ outside options. We document the negative selection into self-employment when workers enter from unemployment, and … contract out of unemployment. These facts call for a revision of active labor market policies in place …
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