Cyclical and market determinants of involuntary part-time employment
Robert Valletta (),
Leila Bengali () and
Catherine van der List
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Leila Bengali: Yale University
Catherine van der List: Federal Reserve Bank of San Francisco
No 2015-19, Working Paper Series from Federal Reserve Bank of San Francisco
We examine the determinants of involuntary part-time employment, focusing on variation associated with the business cycle and variation attributable to more persistent structural features of the labor market. Our theoretical framework distinguishes between workers’ decision to seek part-time work and employer demand for part-time work hours, emphasizing demand and supply determinants of involuntary part-time work such as workplace technology, labor costs, and workforce demographics. We conduct regression analyses using state-level panel and individual data for the years 2003-2014. The results show that the combination of cyclical variation and the influence of market-level factors can explain virtually all of the variation in the aggregate incidence of involuntary part-time employment since the Great Recession.
JEL-codes: J22 J23 (search for similar items in EconPapers)
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Working Paper: Cyclical and Market Determinants of Involuntary Part-Time Employment (2016)
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