Title of article :
AggregatehoursworkedinOECDcountries:Newmeasurementand implicationsforbusinesscycles
Author/Authors :
Lee E. Ohanian، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2012
Pages :
17
From page :
40
To page :
56
Abstract :
We buildadatasetofquarterlyhoursworkedfor14OECDcountries.Wedocumentthat hoursareasvolatileasoutput,thatalargefractionoflaboradjustmenttakesplace alongtheintensivemargin,andthatthevolatilityofhoursrelativetooutputhas increasedovertime.WeusethesedatatoreassesstheGreatRecessionandprior recessions.TheGreatRecessioninmanycountriesisapuzzleinthatlaborwedgesare small,whilethoseintheU.S.GreatRecession–andthoseinpreviousEuropean recessions–aremuchlarger
Journal title :
Journal of Monetary Economics
Serial Year :
2012
Journal title :
Journal of Monetary Economics
Record number :
846506
Link To Document :
https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=846506
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