heuristics

Publication date: 7 Feb 2018 | Publication type: National Institute Economic Review | Theme: Macroeconomics, Employment & Social policy | External authors: Bell, D N F, Blanchflower, D G | JEL classification: J31, J42, J22, E31 | Journal: National Institute Economic Review Issue 243 | Publisher: Sage Publications, London
In this note, we focus on underemployment as a potential cause of lower wage growth, which itself may have deeper causes, but which has, we would argue, demonstrably changed since the 2008 recession. The gap between our measures of the number of additional hours required by those who want more...