We compare two options of integrating discrete working time choice of heterogenous households into a general equilibrium model. The first, known from the literature, produces household heterogeneity through a working time preference parameter. We contrast this with a model that directly...

We compare two options of integrating discrete working time choice of heterogenous households into a general equilibrium model. The first, known from the literature, produces household heterogeneity through a working time preference parameter. We contrast this with a model that directly...

We use Statistics Canada's Labour Force Survey to explore the labor market impacts of the novel coronavirus (COVID-19). Specifically, we adopt a unique identification strategy to examine the heterogeneous causal effects of the COVID-19 economic shutdown by governments on hours worked across the...