| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27516 |
| 来源ID | Working Paper 27516 |
| The Lost Generation? Labor Market Outcomes for Post Great Recession Entrants | |
| Jesse Rothstein | |
| 发表日期 | 2020-07-13 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | I study cohort patterns in the labor market outcomes of recent college graduates, examining changes surrounding the Great Recession. Recession entrants have lower wages and employment than those of earlier cohorts; more recent cohorts’ employment is even lower, but the newest entrants’ wages have risen. I relate these changes to "scarring" effects of initial conditions. I demonstrate that adverse early conditions permanently reduce new entrants’ employment probabilities. I also replicate earlier results of medium-term scarring effects on wages that fade out by the early 30s. But scarring cannot account for the employment collapse for recent cohorts. There was a dramatic negative structural break in college graduates’ employment rates, beginning around the 2005 entry cohort, that shows no sign of abating. |
| 主题 | Macroeconomics ; Consumption and Investment |
| URL | https://www.nber.org/papers/w27516 |
| 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/585190 |
| 推荐引用方式 GB/T 7714 | Jesse Rothstein. The Lost Generation? Labor Market Outcomes for Post Great Recession Entrants. 2020. |
| 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 | ||
| w27516.pdf（382KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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