Part-time Employment and Business Cycle in Central and Eastern Europe
Kamila Fialova ()
Review of Economic Perspectives, 2017, vol. 17, issue 2, 179-203
This article explores the development of part-time employment in Central and Eastern Europe and compares it to Western Europe. On the macro level it examines the role of the business cycle and its effect on part-time employment in the two groups of countries since 2001. The key result reveals that contrary to the West, the business cycle development exerts a significant negative effect on the part-time employment rate in Eastern Europe. When the economy operates below its potential, part-time employment tends to grow more than full-time employment. This finding is consistent with the labour demand effect and reflects the pursuit of flexibility by firms as well as the adjustment in composition of employment to changing economic conditions. The countercyclical effect is even stronger for involuntary part-time employment. Separate analyses of individual demographic groups of workers reveal a significant negative effect of the business cycle on part-time employment of older workers and male prime-age workers in Eastern Europe. In contrast, the effect is insignificant for young workers and unclear for prime-age women.
Keywords: business cycle; part-time employment; working time (search for similar items in EconPapers)
JEL-codes: J08 J21 J22 O52 (search for similar items in EconPapers)
References: Add references at CitEc
Citations Track citations by RSS feed
Downloads: (external link)
https://www.degruyter.com/view/j/revecp.2017.17.is ... -0009.xml?format=INT (text/html)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:vrs:reoecp:v:17:y:2017:i:2:p:179-203:n:5
Access Statistics for this article
Review of Economic Perspectives is currently edited by Antonín Slaný
More articles in Review of Economic Perspectives from Sciendo
Bibliographic data for series maintained by Peter Golla ().