G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w29784
来源IDWorking Paper 29784
Has the Willingness to Work Fallen during the Covid Pandemic?
R. Jason Faberman; Andreas I. Mueller; Ayşegül Şahin
发表日期2022-02-21
出版年2022
语种英语
摘要We examine the effect of the Covid pandemic on willingness to work along both the extensive and intensive margins of labor supply. Special survey questions in the Job Search Supplement of the Survey of Consumer Expectations (SCE) allow us to elicit information about individuals’ desired work hours for the 2013-2021 period. Using these questions, along with workers’ actual labor market participation, we construct a labor market underutilization measure, the Aggregate Hours Gap (AHG), following Faberman et al. (2020). The AHG captures changes in labor market underutilization for the full population along both the extensive and intensive margins using data on desired work hours as a measure of their potential labor supply. We find that the sharp increase in the AHG during the Covid pandemic essentially disappeared by the end of 2021. We also document a sharp decline in desired work hours during the pandemic that persists through the end of 2021 and is roughly double the drop in the labor force participation rate. Ignoring the decline in desired hours overstates the degree of underutilization by 2.5 percentage points (12.5%). Our findings suggest that, as of 2021Q4, the labor market is tighter than suggested by the unemployment rate and the adverse labor supply effect of the pandemic is more pronounced than implied by the labor force participation rate. These discrepancies underscore the importance of taking into account the intensive margin for both labor market underutilization and potential labor supply.
主题Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Supply and Demand ; Unemployment and Immigration ; COVID-19
URLhttps://www.nber.org/papers/w29784
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/587458
推荐引用方式
GB/T 7714
R. Jason Faberman,Andreas I. Mueller,Ayşegül Şahin. Has the Willingness to Work Fallen during the Covid Pandemic?. 2022.
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
w29784.pdf(928KB)智库出版物 限制开放CC BY-NC-SA浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[R. Jason Faberman]的文章
[Andreas I. Mueller]的文章
[Ayşegül Şahin]的文章
百度学术
百度学术中相似的文章
[R. Jason Faberman]的文章
[Andreas I. Mueller]的文章
[Ayşegül Şahin]的文章
必应学术
必应学术中相似的文章
[R. Jason Faberman]的文章
[Andreas I. Mueller]的文章
[Ayşegül Şahin]的文章
相关权益政策
暂无数据
收藏/分享
文件名: w29784.pdf
格式: Adobe PDF
此文件暂不支持浏览

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。