Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/141606
Authors: 
Borowczyk-Martins, Daniel
Lalé, Etienne
Year of Publication: 
2016
Series/Report no.: 
IZA Discussion Papers 9847
Abstract: 
We document that fluctuations in part-time employment play a major role in movements in hours per worker, especially during cyclical swings in the labor market. Building on this result, we propose a novel representation of the intensive margin based on a stock-flow framework. The evolution of part-time employment is predominantly explained by cyclical changes in transitions between full-time and part-time employment, which occur overwhelmingly at the same employer and entail large changes in individuals' working hours. We discuss implications for a large class of macroeconomic models that map individual decisions along the extensive/intensive margins onto aggregate labor market outcomes.
Subjects: 
employment
hours
part-time work
Great Recession
JEL: 
E24
E32
J21
Document Type: 
Working Paper

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