Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28643 |
来源ID | Working Paper 28643 |
Labor Rationing | |
Emily Breza; Supreet Kaur; Yogita Shamdasani | |
发表日期 | 2021-04-05 |
出版年 | 2021 |
语种 | 英语 |
摘要 | This paper measures excess labor supply in equilibrium. We examine hiring shocks—which employ 24% of the labor force in external month-long jobs—in Indian local labor markets. In peak months, wages increase instantaneously and local aggregate employment declines. In lean months, consistent with severe labor rationing, wages and aggregate employment are unchanged, with positive employment spillovers on remaining workers—indicating that over a quarter of labor supply is rationed. At least 24% of lean self-employment among casual workers occurs because they cannot find jobs. Consequently, traditional survey approaches mismeasure labor market slack. Rationing has broad implications for labor market analysis. |
主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Unemployment and Immigration ; Development and Growth ; Development |
URL | https://www.nber.org/papers/w28643 |
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/586316 |
推荐引用方式 GB/T 7714 | Emily Breza,Supreet Kaur,Yogita Shamdasani. Labor Rationing. 2021. |
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 | ||
w28643.pdf(698KB) | 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。