Hours vs. Employment: The Determinants of Labor Market Adjustment Since The Great Depression

This thesis empirically investigates the determinants of three forms of quantity-side adjustment in the labor market--weekly hours, employment, and layoffs. We primarily focus on the role played by unionization and some of the non-wage labor costs that have become a quasi-fixed cost of employment. Although the effects of unionization and fixed employment costs have been researched previously, we analyze their potential effects in a time-series setting using monthly data from 1929-1982. We also explore the historical setting which gave rise to the spurt in unionization and development of employer-funded social insurance programs.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Economics

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2014

Author dc:creator

• Golden, Lonnie Mark

• Economics, Labor

Identifier

(UMI)AAI8600194

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/70763