Cyclical Variation in Labor Hours and Productivity Using the ATUS
by Michael C. Burda, Daniel S. Hamermesh, Jay Stewart
(December 2012)
published in: American Economic Review: Papers & Proceedings, 2013, 103 (3), 99-104

We examine monthly variation in weekly work hours using data for 2003-10 from the Current Population Survey (CPS) on hours/worker, from the Current Employment Survey (CES) on hours/job, and from the American Time Use Survey (ATUS) on both. The ATUS data minimize recall difficulties and constrain hours of work to accord with total available time. The ATUS hours/worker are less cyclical than the CPS series, but the hours/job are more cyclical than the CES series. We present alternative estimates of productivity based on ATUS data and find that it is more pro-cyclical than other productivity measures.
Text: See Discussion Paper No. 7070