Employment effects of Thanksgiving timing
In the United States, the period between Thanksgiving and Christmas has long seen the most intense consumer sales and hence the most active economy. This period varies in length depending on the date of Thanksgiving. Years where it is longer see detectably larger seasonal increases in national employment figures, so that an earlier Thanksgiving appears to serve as economic stimulus in the labor market.
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"Holiday Price Rigidity and Cost of Price Adjustment,"
London School of Economics and Political Science, vol. 77(305), pages 172-198, 01.
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