2026-03-09T02:46:36Zhttps://uvadoc.uva.es/oai/request

oai:uvadoc.uva.es:10324/815032026-01-15T13:57:40Zcom_10324_1160com_10324_931com_10324_894col_10324_1314

00925njm 22002777a 4500 dc Martín Román, Ángel Luis author Cuéllar Martín, Jaime author Moral de Blas, Alfonso author 2020 The relationship between labour force participation and the business cycle is a common topic in economic literature. However, few studies have examined if the cyclical sensitivity of labour force participation is influenced by social effects. In this paper, we construct a theoretical model defining a relatively new hypothesis, the bandwagon worker effect (BWE). We use spatial econometrics techniques to test the existence of the BWE in the local labour markets in Spain. Our results reveal a positive spatial dependence in the cyclical sensitivity of labour force participation that decreases as we fix a laxer neighbourhood criterion, which verifies the existence of the BWE. https://uvadoc.uva.es/handle/10324/81503 https://doi.org/10.1111/pirs.12542 Labor supply and the business cycle: The “bandwagon worker effect”