Abstract
Hours volatility has changed non-monotonically across skill groups since the mid-1980s. The welfare cost of business cycles of mid-skilled workers became similar to that of high-skilled workers, while the relative welfare cost of low- to high-skilled workers remains very high.
| Original language | English |
|---|---|
| Pages (from-to) | 75-78 |
| Number of pages | 4 |
| Journal | Economics Letters |
| Volume | 128 |
| DOIs | |
| Publication status | Published - 2015 Mar 1 |
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All Science Journal Classification (ASJC) codes
- Finance
- Economics and Econometrics
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The implications of changes in hours fluctuations on welfare costs of business cycles. / Shim, Myungkyu; Yang, Hee Seung.
In: Economics Letters, Vol. 128, 01.03.2015, p. 75-78.Research output: Contribution to journal › Article
TY - JOUR
T1 - The implications of changes in hours fluctuations on welfare costs of business cycles
AU - Shim, Myungkyu
AU - Yang, Hee Seung
PY - 2015/3/1
Y1 - 2015/3/1
N2 - Hours volatility has changed non-monotonically across skill groups since the mid-1980s. The welfare cost of business cycles of mid-skilled workers became similar to that of high-skilled workers, while the relative welfare cost of low- to high-skilled workers remains very high.
AB - Hours volatility has changed non-monotonically across skill groups since the mid-1980s. The welfare cost of business cycles of mid-skilled workers became similar to that of high-skilled workers, while the relative welfare cost of low- to high-skilled workers remains very high.
UR - http://www.scopus.com/inward/record.url?scp=84922550819&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84922550819&partnerID=8YFLogxK
U2 - 10.1016/j.econlet.2015.01.013
DO - 10.1016/j.econlet.2015.01.013
M3 - Article
AN - SCOPUS:84922550819
VL - 128
SP - 75
EP - 78
JO - Economics Letters
JF - Economics Letters
SN - 0165-1765
ER -