Hours Worked over the Business Cycle: Evidence from OECD Countries, 1960-2009
Andrea Raffo () and
Lee Ohanian ()
No 558, 2011 Meeting Papers from Society for Economic Dynamics
Using a newly-constructed dataset on hours per worker for OECD countries, we characterize changes in labor supply over the business cycle. We then compare the cyclical properties of the labor wedge and provide some evidence on the behavior of labor markets across countries during the Great Recession.
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed011:558
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