Employment Adjustment and Part-time Work: Lessons from the United States and the United Kingdom

Arbeitspapier

We document that fluctuations in part-time employment play a major role in movements in hours per worker during cyclical swings in the labor market. Building on this result, we develop a stock-flow framework to describe the dynamics of part-time employment. The evolution of parttime employment is predominantly explained by cyclical changes in transitions between full-time and part-time employment. Those transitions occur overwhelmingly at the same employer, entail sizable changes in individuals' working hours and are associated with an increase in involuntary part-time work. Our findings provide a novel understanding of the cyclical dynamics of labor adjustment on the intensive margin.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Document de travail ; No. 2017-08

Classification and Topics

• Classification: Wirtschaft ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; Business Fluctuations; Cycles ; Labor Force and Employment, Size, and Structure ; Labor Demand
• Subject: Employment ; Hours ; Part-time Work ; Business Cycles ; Demand and Supply of Labor

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Borowczyk-Martins, Daniel ; Lalé, Étienne
• Event: Veröffentlichung
• (who): Université du Québec à Montréal, École des sciences de la gestion (ESG UQAM), Département des sciences économiques
• (where): Montréal
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/234753
• Last update: 10.03.2025, 11:42 AM CET