Cyclical Variation in Labor Hours and Productivity Using the ATUS

We examine monthly variation in weekly work hours using data for 2003-10 from the Current Population Survey (CPS) on hours/worker, from the Current Employment Survey (CES) on hours/job, and from the American Time Use Survey (ATUS) on both. The ATUS data minimize recall difficulties and constrain hours of work to accord with total available time. The ATUS hours/worker are less cyclical than the CPS series, but the hours/job are more cyclical than the CES series. We present alternative estimates of productivity based on ATUS data and find that it is more pro-cyclical than other productivity measures

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Year of publication:	2013
Authors:	Burda, Michael C.
Other Persons:	Hamermesh, Daniel S. (contributor) ; Stewart, Jay Charles (contributor)
Publisher:	[2013]: [S.l.] : SSRN
Subject:	Konjunktur \| Business cycle \| USA \| United States \| Arbeitsproduktivität \| Labour productivity \| Arbeitszeit \| Working time \| Zeitverwendung \| Time use \| Schätzung \| Estimation

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