Speaker: Professor Alex Bryson (University College London)
Hosted by: University of Liverpool Management School's Economics Group
Open to: Management School PhD students and academic staff, with no sign up needed
Date: Wednesday 1 May 2024
Time: 2-3.15pm
Place: Sherrington Building, Ashton Street - Seminar Room 1
Abstract
Drawing on 28 million observations on people’s running times in a free weekly 5 kilometre running event, Parkrun, we examine whether labour market conditions affect fitness.
Running times improve during recessions for men and women aged 50 and above but worsen for men aged 20-49 and women aged 20-29, suggesting that the fall in the opportunity costs of fitness during recessions is the dominant factor for elderly runners, whereas the income effect induced by unemployment dominates for prime age workers.
Participation in Parkrun is not sensitive to the business cycle so our results are not driven by compositional changes.
Speaker
Alex Bryson is Professor of Quantitative Social Science at University College London’s Social Research Institute, and a Research Fellow at the National Institute of Economic and Social Research, the IZA Institute of Labor Economics and WISERD.
He is Chief Editor of Industrial Relations: A Journal of Economy and Society and an editor of the Journal of the Royal Statistical Society Series A and the Journal of Participation and Employee Ownership.
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