This study goes beyond the immense literature on the quantity of labor that households supply to examine the timing of their labor/leisure choices. Using two-year panels from the United States in the 1970s it demonstrates that couples prefer to consume leisure simultaneously: Synchronization is...

The distribution of job satisfaction widened across cohorts of young men in the United States between 1978 and 1988, and between 1978 and 1996, in ways correlated with changing wage inequality. Satisfaction among workers in upper earnings quantiles rose relative to that of workers in lower...

Higher labor costs (higher wage rates and employee benefits) make workers better off, but they can reduce companies' profits, the number of jobs, and the hours each person works. The minimum wage, overtime pay, payroll taxes, and hiring subsidies are just a few of the policies that affect labor...

As the largest economy in the world, the US labor market is crucial to the economic well-being of citizens worldwide as well as, of course, that of its own citizens. Since 2000 the US labor market has undergone substantial changes, reflecting the Great Recession and the Covid Recession, but also...

A large and growing line of research has used longitudinal data to eliminate unobservable individual effects that may bias cross-section parameter estimates. The resulting estimates, though unbiased, are generally quite imprecise. This study shows that the imprecision can arise from the...

There has been a wide variety of research on worker-hours substitution and the effects of various costs on the speed and extent to which labor demand adjusts. Much of this literature, though, confuses various types of fixed costs and fails to provide a guide for identifying how changes in...