Search Results
Showing results 1 to 2 of approximately 2.
(refine search)
Working Paper
The Decline of Drudgery and the Paradox of Hard Work
We develop a theory that focuses on the general equilibrium and long-run macroeconomic consequences of trends in job utility. Given secular increases in job utility, work hours per capita can remain approximately constant over time even if the income effect of higher wages on labor supply exceeds the substitution effect. In addition, secular improvements in job utility can be substantial relative to welfare gains from ordinary technological progress. These two implications are connected by an equation flowing from optimal hours choices: improvements in job utility that have a significant ...
Journal Article
Shifting Hours: Unstable Work Scheduling Practices
Stable work schedules are a key component of job quality and of supporting a thriving labor force. Stable scheduling practices are associated with improved job attachment, lower turnover, and higher revenues.i On the other hand, employer-initiated unstable scheduling practices have been shown to destabilize workers’ finances, sleep, caregiving, education, other employment, and community and leisure activities, and are associated with negative health outcomes, reduced worker satisfaction, and increased turnover.ii Though unstable scheduling practices are widespread, with about 41% of all ...