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The labor-force participation rates of prime-age U.S. workers dropped in March 2020--the start of the COVID-19 pandemic--and have still not fully recovered. At the same time, substance-abuse deaths were elevated during the pandemic relative to trend indicating an increase in the number of...
Persistent link: https://www.econbiz.de/10013191027
Using data from a variety of sources, this paper comprehensively documents the dramatic changes in the manufacturing sector and the large decline in employment rates and hours worked among prime-aged Americans since 2000. We use cross-region variation to explore the link between declining...
Persistent link: https://www.econbiz.de/10012453246
Despite nearly 70 percent of the American public supporting legalization of recreational marijuana, opponents argue that increased marijuana use may diminish motivation, impede cognitive function, and harm health, each of which could adversely affect adults' economic wellbeing. This study is the...
Persistent link: https://www.econbiz.de/10013477305
.S. families with children from July to December 2021, substantially reduced poverty and food hardship. Other studies posit … participation in the labor force among adults living in households with children. Further, labor supply responses to the policy …
Persistent link: https://www.econbiz.de/10013172123
groups was not reduced by the 2021 CTC changes. However, we present evidence that employment was reduced among mothers with …
Persistent link: https://www.econbiz.de/10014576580
We estimate the extensive and intensive margin labor supply response to the monthly Child Tax Credit disbursed in 2021 as a part of the American Rescue Plan Act. Using Current Population Survey microdata, we compare labor supply outcomes among households who qualify for varying relative...
Persistent link: https://www.econbiz.de/10014250128
Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while the education composition of employment has evolved in a surprisingly parallel fashion. In this paper, we propose and test an explanation to these conflicting patterns. The...
Persistent link: https://www.econbiz.de/10012471064
We propose a novel method that infers the employment effect of a minimum wage increase by comparing the number of excess jobs paying at or slightly above the new minimum wage to the missing jobs paying below it. To implement our approach, we estimate the effect of the minimum wage on the...
Persistent link: https://www.econbiz.de/10012479390
This paper examines the role of spillover effects of minimum wages and threat effects of unionization in changes in wage inequality in the United States between 1979 and 2017. A distribution regression framework is introduced to estimate both types of spillover effects. Threat effects double the...
Persistent link: https://www.econbiz.de/10012482593
This paper investigates three hypotheses to account for the observed shifts in U.S. relative wages of less educated compared to more educated workers between 1967 and 1992: increased import competition, changes in the relative supplies of labor of different education levels and changes in...
Persistent link: https://www.econbiz.de/10012472890