| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w1376 |
| 来源ID | Working Paper 1376 |
| The Cyclical Behavior of Industrial Labor Markets: A Comparison of the Pre-War and Post-War Eras | |
| Ben S. Bernanke; James L. Powell | |
| 发表日期 | 1984-06-01 |
| 出版年 | 1984 |
| 语种 | 英语 |
| 摘要 | This paper studies the cyclical behavior of a number of industrial labor markets of the pre-war (1923-1939) and post-war (1954-1982) eras. In the spirit of Burns and Mitchell we do not test a specific structural model of the labor market but instead concentrate on describing the qualitative features of the (monthly, industry-level) data.The two principal questions we ask are: First, how is labor input (as measured by the number of workers, the hours of work, and the intensity of utilization) varied over the cycle ? Second, what is the cyclical behaviorof labor compensation (as measured by real wages, product wages, and real weekly earnings) ? We study these questions in both the frequency domain and the time domain. Many of our findings simply reinforce, or perhaps refine, existing perceptions of cyclical labor market behavior. However, we do find some interesting differences between the pre-war and the post-war periods in ther elative use of layoffs and short hours in downturns, and in the cyclical behavior of the real wage. |
| 主题 | Macroeconomics ; Labor Economics |
| URL | https://www.nber.org/papers/w1376 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/558609 |
| 推荐引用方式 GB/T 7714 | Ben S. Bernanke,James L. Powell. The Cyclical Behavior of Industrial Labor Markets: A Comparison of the Pre-War and Post-War Eras. 1984. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w1376.pdf（700KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
