The implications of changes in hours fluctuations on welfare costs of business cycles

Research output: Contribution to journalArticle

1 Citation (Scopus)

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 languageEnglish
Pages (from-to)75-78
Number of pages4
JournalEconomics Letters
Volume128
DOIs
Publication statusPublished - 2015 Mar 1

Fingerprint

Business cycles
Skilled workers
Welfare cost
Fluctuations

All Science Journal Classification (ASJC) codes

  • Finance
  • Economics and Econometrics

Cite this

@article{4ba1afc998b04011991115db40300049,
title = "The implications of changes in hours fluctuations on welfare costs of business cycles",
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.",
author = "Myungkyu Shim and Yang, {Hee Seung}",
year = "2015",
month = "3",
day = "1",
doi = "10.1016/j.econlet.2015.01.013",
language = "English",
volume = "128",
pages = "75--78",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier",

}

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 journalArticle

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 -