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This paper examines whether management changes caused by the entry of the baby boom into the workforce explain the US productivity slowdown in the 1970s and resurgence in the 1990s. Lucas (1978) suggests that the quality of managers plays a significant role in determining output. If there is...
Persistent link: https://www.econbiz.de/10012463175
considered: neutral technological progress, skilled-biased technological change, and drops in the price of labor-saving household …
Persistent link: https://www.econbiz.de/10012510535
household production and fertility is high. In an intermediate phase, women have increasing opportunities to earn a living … outside the home yet still shoulder the bulk of household production. Fertility is at a minimum in this regime due to the … relatively more of the childcare and household production (and where female labor force participation was highest 30 years ago …
Persistent link: https://www.econbiz.de/10012464531
Powerful currents have reshaped the structure of families over the last century. There has been (i) a dramatic drop in fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a significant decline in marriage and a rise in divorce; (iv)...
Persistent link: https://www.econbiz.de/10012455578