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首页> 外文期刊>Review of Income and Wealth >HOW BIASED ARE MEASURES OF CYCLICAL MOVEMENTS IN PRODUCTIVITY AND HOURS?
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HOW BIASED ARE MEASURES OF CYCLICAL MOVEMENTS IN PRODUCTIVITY AND HOURS?

机译：生产率和小时周期变化的度量如何？

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摘要

The movement of hours worked over the business cycle is an important input into the estimation of many key parameters in macroeconomics. Unfortunately, the available data on hours do not correspond precisely to the concept required for accurate inference. We study one source of mismeasurement-that the most commonly used source data measure hours paid instead of hours worked. In particular, we focus our attention on salaried workers, a group for whom the gap between hours paid and hours worked is likely to be large. We show that the measurement gap varies significantly and positively with changes in labor demand. As a result, we estimate that the standard deviations of the workweek and of total hours worked are 27 and 5 percent larger, respectively, than published measures of hours suggest. We also find that this measurement gap is unlikely to be the source of the acceleration in published measures of productivity in the early 2000s.
机译：在整个商业周期中，工时的变动是估算宏观经济学中许多关键参数的重要输入。不幸的是，有关小时的可用数据与准确推断所需的概念并不完全一致。我们研究了一种度量错误的来源-最常用的来源数据衡量的是已付工时，而不是工时。特别是，我们将注意力集中在有薪工人上，这对他们来说，有偿工作时间与工作时间之间的差距可能很大。我们发现，随着劳动力需求的变化，测量差距显着且正相关。结果，我们估计工作周的标准偏差和总工作小时数的标准偏差分别比公布的小时数建议大27％和5％。我们还发现，这种测量差距不太可能是2000年代初发布的生产率测量指标加速增长的根源。

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  • 来源
    《Review of Income and Wealth》 |2010年第3期|P.539-558|共20页
  • 作者

    Stephanie Aaronson; Andrew Figura;

  • 作者单位

    Board of Governors of the Federal Reserve System;

    Mail Stop 80, Board of Governors of the Federal Reserve System 20th & C Streets, NW Washington DC 20551, USA;

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  • 正文语种 eng
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