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Labour supply and firm size / by Lin Shao, Faisal Sohail and Emircan Yurdagul.FB3-5/2023-47E-PDF

"Larger firms feature i) longer hours worked, ii) higher wages, and iii) smaller (larger) wage penalties for working long (short) hours. We reconcile these patterns in a general equilibrium model, which features the endogenous interaction of hours, wages, and firm size. In the model, workers willing to work longer hours sort into larger firms that offer a wage premium. Complementarities in hours worked generate wage penalties that increase with the distance from the average firm hours. We use the model to argue about the importance of the interaction between hours, wages, and firm size on inequality"--Abstract.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.927626&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleLabour supply and firm size / by Lin Shao, Faisal Sohail and Emircan Yurdagul.
Series title
  • Staff working paper = Document de travail du personnel, 1701-9397 ; 2023-47
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • "Last updated: August 25, 2023."
  • Includes bibliographical references.
  • Includes abstract in French.
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, 2023.
  • ©2023
Author / Contributor
  • Shao, Lin, author.
Description1 online resource (1 volume (various pagings)) : charts.
Catalogue number
  • FB3-5/2023-47E-PDF
Subject terms
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