Resumé
| Originalsprog | Engelsk |
|---|---|
| Tidsskrift | American Economic Journal: Macroeconomics |
| Vol/bind | 11 |
| Udgave nummer | 1 |
| Sider (fra-til) | 389–435 |
| Antal sider | 47 |
| ISSN | 1945-7707 |
| DOI | |
| Status | Udgivet - 2019 |
Citer dette
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Employment Adjustment and Part-time Work : Lessons from the United States and the United Kingdom. / Borowczyk-Martins, Daniel; Lalé, Etienne.
I: American Economic Journal: Macroeconomics, Bind 11, Nr. 1, 2019, s. 389–435.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review
TY - JOUR
T1 - Employment Adjustment and Part-time Work
T2 - Lessons from the United States and the United Kingdom
AU - Borowczyk-Martins, Daniel
AU - Lalé, Etienne
PY - 2019
Y1 - 2019
N2 - We document that fluctuations in part-time employment play a major role in movements in hours per worker during cyclical swings in the labor market. Building on this result, we develop a stock-flow framework to describe the dynamics of part-time employment. The evolution of part-time employment is predominantly explained by cyclical changes in transitions between full-time and part-time employment. Those transitions occur overwhelmingly at the same employer, entail sizable changes in individual working hours and are associated with an increase in involuntary part-time work. Our findings provide a novel understanding of the cyclical dynamics of labor adjustment on the intensive margin.
AB - We document that fluctuations in part-time employment play a major role in movements in hours per worker during cyclical swings in the labor market. Building on this result, we develop a stock-flow framework to describe the dynamics of part-time employment. The evolution of part-time employment is predominantly explained by cyclical changes in transitions between full-time and part-time employment. Those transitions occur overwhelmingly at the same employer, entail sizable changes in individual working hours and are associated with an increase in involuntary part-time work. Our findings provide a novel understanding of the cyclical dynamics of labor adjustment on the intensive margin.
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U2 - 10.1257/mac.20160078
DO - 10.1257/mac.20160078
M3 - Journal article
VL - 11
SP - 389
EP - 435
JO - American Economic Journal: Macroeconomics
JF - American Economic Journal: Macroeconomics
SN - 1945-7707
IS - 1
ER -