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来源类型Working Paper
规范类型报告
DOI10.3386/w19328
来源IDWorking Paper 19328
Making Do With Less: Working Harder During Recessions
Edward P. Lazear; Kathryn L. Shaw; Christopher Stanton
发表日期2013-08-16
出版年2013
语种英语
摘要There are two obvious possibilities that can account for the rise in productivity during recent recessions. The first is that the decline in the workforce was not random, and that the average worker was of higher quality during the recession than in the preceding period. The second is that each worker produced more while holding worker quality constant. We call the second effect, "making do with less," that is, getting more effort from fewer workers. Using data spanning June 2006 to May 2010 on individual worker productivity from a large firm, it is possible to measure the increase in productivity due to effort and sorting. For this firm, the second effect--that workers' effort increases--dominates the first effect--that the composition of the workforce differs over the business cycle.
主题Macroeconomics ; Consumption and Investment ; Business Cycles ; Labor Economics ; Labor Supply and Demand ; Other ; Accounting, Marketing, and Personnel
URLhttps://www.nber.org/papers/w19328
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/577003
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GB/T 7714
Edward P. Lazear,Kathryn L. Shaw,Christopher Stanton. Making Do With Less: Working Harder During Recessions. 2013.
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