Cyclical Variation in Labor Hours and Productivity Using the ATUS
AbstractWe examine monthly variation in weekly work hours using data from 2003 to 2010. The data sources include the Current Population Survey (CPS) on hours/worker, the Current Employment Survey (CES) on hours/job, and the American Time Use Survey (ATUS) on both. The ATUS data minimize recall difficulties and constrain hours of work to accord with total available time. The ATUS hours/worker are less cyclical than the CPS series, but the hours/job are more cyclical than the CES series. We present alternative estimates of productivity based on ATUS data, and find that it is more pro-cyclical than other productivity measures.
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Bibliographic InfoArticle provided by American Economic Association in its journal American Economic Review.
Volume (Year): 103 (2013)
Issue (Month): 3 (May)
Other versions of this item:
- Michael C. Burda & Daniel S. Hamermesh & Jay Stewart, 2012. "Cyclical Variation In Labor Hours And Productivity Using The Atus," Working Papers 459, U.S. Bureau of Labor Statistics.
- Michael C. Burda & Daniel S. Hamermesh & Jay Stewart, 2012. "Cyclical Variation in Labor Hours and Productivity Using the ATUS," NBER Working Papers 18603, National Bureau of Economic Research, Inc.
- Michael C. Burda & Daniel S. Hamermesh & Jay Stewart, 2013. "Cyclical Variation in Labor Hours and Productivity Using the ATUS," SFB 649 Discussion Papers SFB649DP2013-015, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
- Burda, Michael C. & Hamermesh, Daniel S. & Stewart, Jay, 2012. "Cyclical Variation in Labor Hours and Productivity Using the ATUS," IZA Discussion Papers 7070, Institute for the Study of Labor (IZA).
- E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- G01 - Financial Economics - - General - - - Financial Crises
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Jordi Galí & Thijs van Rens, 2008. "The vanishing procyclicality of labor productivity," Economics Working Papers 1230, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2010.
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- Daniel S. Hamermesh & Harley Frazis & Jay Stewart, 2005. "Data Watch: The American Time Use Survey," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 221-232, Winter.
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