You signed in with another tab or window. Reload to refresh your session.You signed out in another tab or window. Reload to refresh your session.You switched accounts on another tab or window. Reload to refresh your session.Dismiss alert
Currently, OG-USA reports total "effective" labor supply, L. However, this doesn't directly map to hours worked since workers have varying levels of productivity, which means their effective labor units per unit of labor supply vary.
We should consider reporting an additional measures of labor supply (in addition to L), that represents hours. Perhaps we call this N and N_t= \sum_{s}\sum_{j}n_{j,s,t}\lambda_{j}\omega_{s,t}
The text was updated successfully, but these errors were encountered:
Currently, OG-USA reports total "effective" labor supply, L. However, this doesn't directly map to hours worked since workers have varying levels of productivity, which means their effective labor units per unit of labor supply vary.
We should consider reporting an additional measures of labor supply (in addition to L), that represents hours. Perhaps we call this N and N_t= \sum_{s}\sum_{j}n_{j,s,t}\lambda_{j}\omega_{s,t}
The text was updated successfully, but these errors were encountered: