| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25661 |
| 来源ID | Working Paper 25661 |
| The Lost Ones: the Opportunities and Outcomes of Non-College Educated Americans Born in the 1960s | |
| Margherita Borella; Mariacristina De Nardi; Fang Yang | |
| 发表日期 | 2019-03-18 |
| 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 ; Consumption and Investment ; Public Economics ; Taxation |
| URL | https://www.nber.org/papers/w25661 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583335 |
| 推荐引用方式 GB/T 7714 | Margherita Borella,Mariacristina De Nardi,Fang Yang. The Lost Ones: the Opportunities and Outcomes of Non-College Educated Americans Born in the 1960s. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25661.pdf（623KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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