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文章基本信息

  • 标题:Trends in Hours and Economic Growth
  • 本地全文:下载
  • 作者:L. Rachel Ngai ; Christopher A. Pissarides
  • 期刊名称:CEP Discussion Paper
  • 出版年度:2006
  • 卷号:2006
  • 期号:aug
  • 出版社:Centre for Economic Performance
  • 摘要:We study long-run trends in market hours of work and employment shifts across economic sectors driven by uneven TFP growth in market and home production. We focus on the structural transformation between agriculture, manufacturing and services and on the marketization of home production. The model can rationalize the observed falling or Ushaped pattern for aggregate hours, the shift from agriculture to services and balanced aggregate growth. We find support for the model’s predictions in long-run US data.
  • 关键词:hours of work, labour supply, structural transformation, home production,marketization, balanced growth
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