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The ins and outs of involuntary part-time employment
Borowczyk-Martins, Daniel; Lalé, Etienne - 2018
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...
Persistent link: https://www.econbiz.de/10011913254
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Employment adjustment and part-time jobs : the U.S. and the U.K. in the Great Recession
Borowczyk-Martins, Daniel; Lalé, Etienne - 2016
We document that fluctuations in part-time employment play a major role in movements in hours per worker, especially during cyclical swings in the labor market. Building on this result, we propose a novel representation of the intensive margin based on a stock-flow framework. The evolution of...
Persistent link: https://www.econbiz.de/10011455784
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Regional and sectoral evidence of the macroeconomic effects of labor reallocation : a panel data analysis
Bakas, Dimitrios; Panagiotidis, Theodore; Pelloni, Gianluigi - 2013
This paper re-examines Lilien's sectoral shifts hypothesis for U.S. unemployment. We employ a monthly panel that spans … stationarity of unemployment. Within a framework that takes into account dynamics, parameter heterogeneity and cross …
Persistent link: https://www.econbiz.de/10011730867
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Beyond Okun's law : output growth and labor market flows
Lim, Guay C.; Dixon, Robert J.; Ours, Jan C. van - 2018
This paper studies the relationship between the change in the unemployment rate and output growth using an approach …
Persistent link: https://www.econbiz.de/10011940045
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Worker identity, employment fluctuations and stabilization policy
Snower, Dennis J.; Lechthaler, Wolfgang - 2013
This paper provides a model of "social hysteresis" whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances...
Persistent link: https://www.econbiz.de/10009752694
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The effect of shocks to labour market flows on unemployment and participation rates
Dixon, Robert J.; Lim, Guay C.; Ours, Jan C. van - 2014
interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10010360089
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The effect of shocks to labour market flows on unemployment and participation rates
Dixon, Robert J.; Lim, Guay C.; Ours, Jan C. van - 2014
This paper studies collective contests with endogenous cost sharing, general effort costs and intra-group heterogeneity of prize-valuation. Our objective is to clarify the relationship between cost sharing, intra-group heterogeneity within the competing groups and the elasticity of the marginal...
Persistent link: https://www.econbiz.de/10010361496
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The cyclical component of labor market polarization and jobless recoveries in the US
Gaggl, Paul; Kaufmann, Sylvia - 2014
We analyze quarterly occupation-level data from the US Current Population Survey for 1976-2013. Based on common cyclical employment dynamics, we identify two clusters of occupations that roughly correspond to the widely discussed notion of "routine" and "non-routine" jobs. After decomposing the...
Persistent link: https://www.econbiz.de/10010351463
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Labour market dynamics in Germany : hirings, separations, and job-to-job transitions over the business cycle
Bachmann, Ronald (contributor) - 2005
increased flow into unemployment in a recession is mainly due to reduced hirings, and hence lower job-to-job transitions, rather …
Persistent link: https://www.econbiz.de/10003323028
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Assessing labour market slack for monetary policy
Ens, Erik; Savoie-Chabot, Laurence; See, Kurt; Wee, Shu Lin - 2021
The large and uneven impact of COVID-19 has emphasized the complexity and diversity of the labour market. This complexity implies that traditional headline measures may be inadequate at providing a comprehensive picture of labour market health. We address this concern in two ways. First, we...
Persistent link: https://www.econbiz.de/10012695080