Cyclical and Market Determinants of Involuntary Part-Time Employment

• 成果类型: Article
• 署名作者: Valletta, Robert G.; Bengali, Leila; van der List, Catherine
• 署名单位: Federal Reserve System - USA; Federal Reserve Bank - San Francisco; University of California System; University of California Los Angeles; University of British Columbia
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/704496
• 发表日期: 2020
• 页码: 67-93
• 关键词: fractional response variables; Affordable Care Act; UNITED-STATES; GROWTH; demand

摘要

The fraction of the US workforce identified as involuntary part-time workers rose to new highs during the US Great Recession and came down only slowly in its aftermath. We assess the determinants of involuntary part-time work using an empirical framework that accounts for business cycle effects and persistent structural features of the labor market. We conduct regression analyses using state-level panel data for the years 2003-16. The results indicate that structural factors, notably shifts in the industry composition of employment, have held the incidence of involuntary part-time work slightly more than 1 percentage point above its prerecession level.