Showing 1 - 10 of 29
We document a new fact about the cyclical behavior of aggregate hours. Using microdata for the US and the UK, we show that changes in hours per worker are driven by fluctuations in part-time employment, which are in turn explained by the cyclical behavior of transitions between full-time and...
Persistent link: https://www.econbiz.de/10011158604
This article proposes a new approach to estimate the effect of the unemployment rate on the labor participation ratio …
Persistent link: https://www.econbiz.de/10010756817
Keynes' theory can be interpreted as dealing with unemployment as a disequilibrium phenomenon in an essentially dynamic … context. In this perspective, it is much more important to explain why unemployment changes than to identify a presumed level … when maintaining that price and wage flexibility is not a cure for unemployment, and hence there is no unemployment …
Persistent link: https://www.econbiz.de/10010756692
This paper analyzes the time allocation of Italian spouses to paid work, childcare and household work. The literature suggests that Italian husbands contribute the least to unpaid household work, relative to other European countries, while Italian women have the lowest market employment rates....
Persistent link: https://www.econbiz.de/10010756523
This paper focuses on the time allocation of spouses and the impact of economic variables. We present a stylized model of the time allocation of spouses to illustrate the expected impact of wages and non-labour income. The empirical model simultaneously specifies three time-use choices – paid...
Persistent link: https://www.econbiz.de/10010756556
This paper investigates the employment impact of a new tax-credit programme that was put in place in France in 2001. We study the introduction of both this measure and a later reform in 2004 that made the tax credit cashable in advance upon returning to work. We adopt a non-experimental...
Persistent link: https://www.econbiz.de/10010756773
Which and how many attributes are relevant for the sorting of agents in a matching market? This paper addresses these questions by constructing indices of mutual attractiveness that aggregate information about agents’ attributes. The first k indices for agents on each side of the market...
Persistent link: https://www.econbiz.de/10010756785
OECD countries faced largely divergent employment rates during the last decades. But the whole bulk of the cross-national and cross-temporal heterogeneity relies on specific demographic groups: prime-age women and younger and older individuals. This paper argues that family labour supply...
Persistent link: https://www.econbiz.de/10010756809
This paper is focused on couple households where the wife is the main earner. The economic literature on this subject is particularly scant. According to our estimates, the wife was the main earner in one of every six couple households in France in 2002, including wife-sole-earner households....
Persistent link: https://www.econbiz.de/10010756862
We investigate the general equilibrium effects of minimum consumption constraints over labor supply decisions. Within a simple static model, a minimum consumption constraint modifies labor supply decisions of unskilled workers, generating the well-known added worker effect. The results of the...
Persistent link: https://www.econbiz.de/10010756885