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| Titre : | The ins and outs of involuntary part-time employment (2020) |
| Auteurs : | Daniel Borowczyk-Martins ; Etienne Lalé |
| Type de document : | Article : texte imprimé |
| Dans : | Labour economics (vol. 67, December 2020) |
| Article en page(s) : | Article 101940 |
| Langues: | Anglais |
| Catégories : |
Thésaurus CEREQ TRAVAIL A TEMPS PARTIEL ; TEMPS CHOISI ; TEMPS DE TRAVAIL ; CHOMAGE CONJONCTUREL ; CHOMAGE ; CHEMINEMENT PROFESSIONNEL ; ECONOMETRIE ; ETATS UNIS |
| Résumé : | We develop and implement a protocol to measure U.S. monthly time series of involuntary part-time employment stocks and flows from 1976 until today. Armed with these new data, we provide a comprehensive account of the cyclical dynamics of involuntary part-time work. We find that the recessionary increase in involuntary part-time employment is consistently driven by a jump in the transition probability from other employment states to involuntary part-time employment, and a drop in the reverse transition probability. We compare the dynamics of unemployment and involuntary part-time employment to argue that they reflect the operation of distinct labor-adjustment channels. While unemployment dynamics are driven by movements in job creation and destruction, the dynamics of involuntary part-time employment reflect changes in employers’ labor utilization. |
| Document Céreq : | Non |
| En ligne : | https://doi.org/10.1016/j.labeco.2020.101940 |
