The Relation Between Skill Levels and the Cyclical Variability of Employment, Hours, and Wages /

This paper uses micro panel data to examine differences in the cyclical variability of employment, hours, and real wages for skilled and unskilled workers. Contrary to conventional wisdom, we find that, at the aggregate level, skilled and unskilled workers are subject to essentially the same degree...

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Bibliographic Details
Main Author: Keane, Michael
Other Authors: Prasad, Eswar
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1993.
Series:IMF Working Papers; Working Paper ; No. 1993/044
Online Access:Full text available on IMF