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Cyclical Variation in Labor Hours and Productivity Using the ATUS / Michael C. Burda, Daniel S. Hamermesh, Jay Stewart.
- Format:
- Book
- Author/Creator:
- Burda, Michael C.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w18603.
- NBER working paper series no. w18603
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2012.
- Summary:
- 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.
- Notes:
- Print version record
- December 2012.
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