Nonemployment is often posited as a workers outside option in wage setting models such as bargaining and wage posting. The value of nonemployment is therefore a key determinant of wages. We measure th
This paper develops a novel method to estimate production functions. Earlier papers rely on special assumptions about the functional form of production functions. Our approach efficiently estimates al
Recent research has shown that technological change has important labor market implications and in this paper we demonstrate one on the avenues through which this occurs. According to the theory of hu
Graph and download economic data for Average Weekly Hours of Production Employees: Manufacturing in New Mexico (DISCONTINUED) (SMU35000003000000007SA) from Jan 2001 to Mar 2022 about NM, hours, produc