The business cycle properties of occupational employment have not yet been extensively explored because of inconsistencies in the aggregate employment series by occupation. Using consistent aggregate hours data constructed through the method of “conversion factors,” which was developed by...

Hours volatility has changed non-monotonically across skill groups since the mid-1980s. This study researches the implications of such changes on the welfare costs of business cycles. Using a partial equilibrium model in which hours fluctuations are the only source of uncertainty, we find that...

Using data on the U.S., we study the effects of employer-provided health insurance on dynamic employment substitution between 1990 and 2007 by exploiting the interindustry variation in health care coverage. We find that industries with a high health benefit structure in 1990 have experienced...