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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29099 |
来源ID | Working Paper 29099 |
Structural Change in Labor Supply and Cross-Country Differences in Hours Worked | |
Alexander Bick; Nicola Fuchs-Schündeln; David Lagakos; Hitoshi Tsujiyama | |
发表日期 | 2021-08-02 |
出版年 | 2021 |
语种 | 英语 |
摘要 | This paper studies how structural change in labor supply along the development spectrum shapes cross-country differences in hours worked. We emphasize two main forces: sectoral reallocation from self-employment to wage work, and declining fixed costs of wage work. We show that these forces are crucial for understanding how the extensive margin (the employment rate) and intensive margin (hours per worker) of aggregate hours worked vary with income per capita. To do so we build and estimate a quantitative model of labor supply featuring a traditional self-employment sector and a modern wage-employment sector. When estimated to match cross-country data, the model predicts that sectoral reallocation explains more than half of the total hours decrease at lower levels of development. Declining fixed costs drive the rise in employment rates at higher levels of income per capita, and imply higher hours in the future, in contrast to the lower hours resulting from income effects and expansions in tax-and-transfer systems. |
主题 | Macroeconomics ; Consumption and Investment ; Development and Growth ; Development ; Growth and Productivity |
URL | https://www.nber.org/papers/w29099 |
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/586773 |
推荐引用方式 GB/T 7714 | Alexander Bick,Nicola Fuchs-Schündeln,David Lagakos,et al. Structural Change in Labor Supply and Cross-Country Differences in Hours Worked. 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 | ||
w29099.pdf(987KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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