| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13582 |
| DP13582 The lost ones: the opportunities and outcomes of non-college educated Americans born in the 1960s | |
| Mariacristina De Nardi; Margherita Borella; Fang Yang | |
| 发表日期 | 2019-03-12 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | White, non-college-educated Americans born in the 1960s face shorter life expectancies, higher medical expenses, and lower wages per unit of human capital compared with those born in the 1940s, and men's wages declined more than women's. After documenting these changes, we use a life-cycle model of couples and singles to evaluate their effects. The drop in wages depressed the labor supply of men and increased that of women, especially in married couples. Their shorter life expectancy reduced their retirement savings but the increase in out-of-pocket medical expenses increased them by more. Welfare losses, measured a one-time asset compensation are 12.5%, 8%, and 7.2% of the present discounted value of earnings for single men, couples, and single women, respectively. Lower wages explain 47-58% of these losses, shorter life expectancies 25-34%, and higher medical expenses account for the rest. |
| 主题 | Macroeconomics and Growth ; Public Economics |
| URL | https://cepr.org/publications/dp13582 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542439 |
| 推荐引用方式 GB/T 7714 | Mariacristina De Nardi,Margherita Borella,Fang Yang. DP13582 The lost ones: the opportunities and outcomes of non-college educated Americans born in the 1960s. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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