文章基本信息

标题：Trends in Hours and Economic Growth
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作者：L. Rachel Ngai ; Christopher A. Pissarides
期刊名称：CEP Discussion Paper
出版年度：2006
卷号：2006
期号：aug
出版社：Centre for Economic Performance
摘要：We study long-run trends in market hours of work and employment shifts across economic sectors driven by uneven TFP growth in market and home production. We focus on the structural transformation between agriculture, manufacturing and services and on the marketization of home production. The model can rationalize the observed falling or Ushaped pattern for aggregate hours, the shift from agriculture to services and balanced aggregate growth. We find support for the model’s predictions in long-run US data.
关键词：hours of work, labour supply, structural transformation, home production,marketization, balanced growth