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040 |aCaOODSP|beng|erda|cCaOODSP
041 |aeng|bfre
043 |an-cn---
0861 |aFB3-5/2022-47E-PDF
1001 |aShao, Lin, |eauthor.
24510|aAre working hours complements in production? / |cby Lin Shao, Faisal Sohail and Emircan Yurdagul.
264 1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c2022.
264 4|c©2022
300 |a1 online resource (1 volume (various pagings)) : |bcharts.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff working paper = |aDocument de travail du personnel, |x1701-9397 ; |v2022-47
500 |a"Last updated: November 21, 2022."
504 |aIncludes bibliographical references (pages 19-20).
520 |a"This paper uses Canadian matched employer-employee data to show that working hours are gross complements in production rather than perfect substitutes, as is typically assumed. We exploit within-establishment and individual-level variation in hours and wages to document novel evidence consistent with complementarities in hours worked. Next, we estimate an elasticity of substitution in working hours of 0.69 in the aggregate and between 0.52 and 1.04 at the industry level. We validate our estimates by showing that industries with higher elasticities exhibit greater flexibility in hours. Our findings have important implications for research on labor supply and the efficacy of policies that aim to influence it"--Abstract.
546 |aIncludes abstract in French.
650 0|aLabor supply|xEconomic aspects|zCanada.
650 0|aHours of labor|xEconomic aspects|zCanada.
650 6|aMarché du travail|xAspect économique|zCanada.
650 6|aHoraires de travail|xAspect économique|zCanada.
7102 |aBank of Canada, |eissuing body.
830#0|aStaff working paper (Bank of Canada)|v2022-47.|w(CaOODSP)9.806221
85640|qPDF|s1.23 MB|uhttps://publications.gc.ca/collections/collection_2022/banque-bank-canada/FB3-5-2022-47-eng.pdf