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CONSTRAINED BY HOURS AND RESTRICTED IN WAGES: THE QUALITY OF MATCHES IN THE LABOR MARKET |
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| Authors: | KEITH A. BENDER,and JOHN DOUGLAS SKÅ TUN |
| Affiliation: | Bender:;Associate Professor, Department of Economics and Masters Program in Human Resources and Labor Relations, University of Wisconsin-Milwaukee, PO Box 413, Milwaukee, WI 53201. Phone 1-414-229-4761, Fax 1-414-229-3860, E-mail Skåtun:;Senior Lecturer, Department of Economics, University of Aberdeen, Dunbar Street, Aberdeen AB24 3QY, UK. Phone 44-1224-272176, Fax 44-1224-272181, E-mail |
| Abstract: | This paper examines the explicit loss born by workers who face constraints in their working hours by analyzing differences in actual and desired hours and wages. Men tend to be underemployed while women are evenly split between over- and underemployment. Losses in surplus are generally small, but 10% of underemployed men and women experience losses of more than 34% or 50% of surplus, respectively. The loss measure is also an important determinant in predicting labor market transitions, meaning increases in surplus losses generate a higher probability of changing from workers' present jobs or changing the number of hours. ( JEL J22, J41) |
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