Why do Americans work so much more than Europeans?
In: NBER working paper series 10316
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In: NBER working paper series 10316
In: Staff report 312
"This paper reviews the role of micro non-convexities in the study of business cycles. One important non-convexity arises because an individual can work only one workweek length in a given week. The implication of this non-convexity is that the aggregate intertemporal elasticity of labor supply is large and the principal margin of adjustment is in the number employed--not in the hours per person employed--as observed. The paper also reviews a business cycle model with an occasionally binding capacity constraint. This model better mimics business cycle fluctuations than the standard real business cycle model. Aggregation in the presence of micro non-convexities is key in the model"--Federal Reserve Bank of Minneapolis web site
In: Minnesota studies in macroeconomics 1
In: NBER Working Paper No. w22422
SSRN
In: Journal of economic dynamics & control, Band 49, S. 109-111
ISSN: 0165-1889
In: The economic journal: the journal of the Royal Economic Society, Band 117, Heft 524, S. F648-F650
ISSN: 1468-0297
In: Journal of political economy, Band 114, Heft 2, S. 203-235
ISSN: 1537-534X
In: The American economist: journal of the International Honor Society in Economics, Omicron Delta Epsilon, Band 50, Heft 1, S. 3-20
ISSN: 2328-1235
In: NBER Working Paper No. w10316
SSRN
In: American economic review, Band 92, Heft 2, S. 1-15
ISSN: 1944-7981
In: Carnegie Rochester Conference series on public policy: a bi-annual conference proceedings, Band 33, S. 49-52
ISSN: 0167-2231
In: NBER macroeconomics annual, Band 4, S. 287
ISSN: 1537-2642
In: NBER macroeconomics annual, Band 2, S. 110-114
ISSN: 1537-2642
In: Carnegie Rochester Conference series on public policy: a bi-annual conference proceedings, Band 25, S. 11-44
ISSN: 0167-2231
In: Carnegie Rochester Conference series on public policy: a bi-annual conference proceedings, Band 12, S. 93-101
ISSN: 0167-2231