Comparative Advantage in Cyclical Unemployment

Separations are noticeably more countercyclical for workers who average shorter workweeks. This pattern is mirrored in wage cyclicality; wages are less procyclical for those who work shorter hours. But separations, counter to our model predictions, are not higher in recessions nor heavily concentrated on low-skilled workers during recessions.

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Year of publication:	2007
Authors:	Chang, Yongsung ; Kim, Sun-Bin ; Bils, Mark
Institutions:	Society for Economic Dynamics - SED

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Extent:	application/pdf
Series:	2007 Meeting Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2007 SED Meeting Papers Number 508
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011082039