Full Citation

Title: Essays in Macro-Labor

Citation Type: Dissertation/Thesis

Publication Year: 2017

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Abstract: My doctoral research focuses on the role of labor market frictions in shaping macroeconomic outcomes. To describe the empirical regularities of involuntary part-time employment, I use detailed micro-level data from longitudinally-linked monthly files of the Current Population Survey. A novel finding that emerges from the analysis of this dataset is that wages of involuntary part-time workers display higher volatility and lower persistence than those of their full-time counterparts, thus indicating a higher degree of flexibility. In addition, I find that changes in involuntary part-time employment are mostly explained by reallocation of workers from full-time to part-time positions within the firm, which involves more than just a mere reduction in hours worked. I then aggregate the data and compute business cycle statistics. Surprisingly, I find that the behavior of involuntary part-time employment resembles the behavior of unemployment more than the one of full-time employment. In fact, the results indicate that involuntary part-time employment is very volatile and strongly countercyclical.

Url: http://search.proquest.com/docview/1898703490?pq-origsite=gscholar

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Authors: Lauriau Bolentini, Ana I

Institution: Boston College

Department: Economics

Advisor: Sanjay K Chugh

Degree: Doctor of Philosophy

Publisher Location: Boston, MA

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Data Collections: IPUMS CPS

Topics: Labor Force and Occupational Structure, Other

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