| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w25577
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| 来源ID | Working Paper 25577
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| The Declining Labor Market Prospects of Less-Educated Men |
| Ariel J. Binder; John Bound
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| 发表日期 | 2019-02-25
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| 出版年 | 2019
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| 语种 | 英语
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| 摘要 | Over the last half century, U.S. wage growth stagnated, wage inequality rose, and the labor-force participation rate of prime-age men steadily declined. In this article, we examine these labor market trends, focusing on outcomes for males without a college education. Though wages and participation have fallen in tandem for this population, we argue that the canonical neo-classical framework, which postulates a labor demand curve shifting inward across a stable labor supply curve, does not reasonably explain the data. Alternatives we discuss include adjustment frictions associated with labor demand shocks and effects of the changing marriage market—that is, the fact that fewer less-educated men are forming their own stable families—on male labor supply incentives. |
| 主题 | Macroeconomics
; Consumption and Investment
; Labor Economics
; Demography and Aging
; Labor Supply and Demand
; Labor Compensation
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| URL | https://www.nber.org/papers/w25577
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583251
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推荐引用方式
GB/T 7714 |
Ariel J. Binder,John Bound. The Declining Labor Market Prospects of Less-Educated Men. 2019.
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文件名：
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w25577.pdf
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格式：
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Adobe PDF
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