Arbeitspapier
Hours, Employment, and Earnings of American Manufacturing Workers from the Nineteenth to the Twenty-First Centuries
For a century, two labor market empirical regularities characterized the movements of the hours of work, employment, and hourly compensation of American manufacturing production workers. They resembled conditional labor supply functions. Increases in employment substituted for reductions in hours per worker. The implied elasticities of hours and employment with respect to hourly earnings declined in absolute value over time. The activities of trade unions and the effects of statutory legislation contribute to the explanations for what is observed. Recently,changes in real hourly earnings contribute little to understanding movements in hours of work and in employment of these workers.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 14175
- Klassifikation
-
Wirtschaft
Time Allocation and Labor Supply
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: U.S.; Canada: 1913-
- Thema
-
hours
employment
hourly compensation
labor supply
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Pencavel, John
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Pencavel, John
- Institute of Labor Economics (IZA)
Entstanden
- 2021
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