| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9478 |
| DP9478 Worker Identity, Employment Fluctuations and Stabilization Policy | |
| Dennis Snower; Wolfgang Lechthaler | |
| 发表日期 | 2013-05-19 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | This paper provides a model of "social hysteresis," whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances fall. In this way, temporary recessions may come to have permanent effects on aggregate employment. We also show that these permanent effects, along with the underlying identity switches, can be avoided through stabilization policy. The size of the government expenditure multiplier can be shown to depend on the composition of identities in the workforce. |
| 主题 | International Macroeconomics ; Labour Economics |
| 关键词 | Economics of identity Work ethic Hysteresis Business cycle policy |
| URL | https://cepr.org/publications/dp9478 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538314 |
| 推荐引用方式 GB/T 7714 | Dennis Snower,Wolfgang Lechthaler. DP9478 Worker Identity, Employment Fluctuations and Stabilization Policy. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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