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来源类型Working Paper
规范类型报告
DOI10.3386/w29099
来源IDWorking 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
URLhttps://www.nber.org/papers/w29099
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/586773
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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.
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