Task assignment over the business cycle

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Title: Task assignment over the business cycle
Authors: Devereux, Paul J.
Permanent link: http://hdl.handle.net/10197/313
Date: 2000
Online since: 2008-07-09T15:13:24Z
Abstract: In this article, I evaluate the hypothesis that firms respond to negative demand shocks by assigning workers to tasks that require less skill than the tasks they normally carry out. Using changes in employment in state-industry cells as a measure of demand conditions facing individual firms, I provide evidence in favor of the hypothesis. Furthermore, the skill requirements of the tasks carried out by workers are procyclical. The results are consistent with a specific capital model where employers move workers between tasks so that layoffs are concentrated on workers with low levels of firm-specific human capital.
Type of material: Journal Article
Publisher: University of Chicago Press
Journal: Journal of Labor Economics
Volume: 18
Issue: 1
Start page: 98
End page: 124
Copyright (published version): Copyright 2000 by The University of Chicago
Subject LCSH: Business cycles
Human capital
Personnel management
DOI: 10.1086/209952
Other versions: http://dx.doi.org/10.1086/209952
Language: en
Status of Item: Peer reviewed
Appears in Collections:Geary Institute Research Collection
Economics Research Collection

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