%0 Report
        %A Biddle, Jeff E.
%A Hamermesh, Daniel S.
        %T Adjusting Labor along the Intensive MarginS
        %D 2024
        %8 2024 Jul
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 17162
        %U https://www.iza.org/publications/dp17162
        %X We expand the analysis of cyclical changes in labor demand by decomposing changes along the intensive margin into those in days/week and in hours/day. Using large cross sections of U.S. data, 1985-2018, we observe around ¼ of the adjustment in weekly hours occurring through changing days/week. There is no adjustment of days/week in manufacturing; but 1/3 of the adjustment outside manufacturing occurs through days/week. The desirability of bunched leisure implies that secular shifts away from manufacturing have contributed to increasing economic welfare.
        %K days
%K labor demand
%K work hours
%K recessions