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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP17311 |
DP17311 Are Working Hours Complements in Production? | |
Lin Shao; Faisal Sohail; Emircan Yurdagul | |
发表日期 | 2022-05-16 |
出版年 | 2022 |
语种 | 英语 |
摘要 | This paper uses Canadian employer-employee data to show that working hours are gross complements in production rather than perfect substitutes, as typically assumed. We exploit within-establishment and -individual variation in hours and wages to document novel evidence consistent with complementarities in hours worked. Next, we estimate an elasticity of substitution in working hours of 0.69 in the aggregate and between 0.52 and 1.04 across industries. We validate our estimates by showing that industries with higher elasticities exhibit greater hours flexibility. Our findings have important implications for research on labor supply and the efficacy of policies that aim to influence it. |
主题 | Labour Economics ; Macroeconomics and Growth |
关键词 | Labor supply Complementarities Wages Production Flexibility Coordination |
URL | https://cepr.org/publications/dp17311 |
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/546341 |
推荐引用方式 GB/T 7714 | Lin Shao,Faisal Sohail,Emircan Yurdagul. DP17311 Are Working Hours Complements in Production?. 2022. |
条目包含的文件 | 条目无相关文件。 |
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