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Female labor force participation rates have been rising rapidly since 1950 while male participation rates (especially for males 55 years and older) have been falling over much of that time. Analysis of participation rates also indicates (1) that the Reagan administration’s reductions in...
Persistent link: https://www.econbiz.de/10005064001
Before the mid-1960's economists generally accepted, with two major exceptions, the neoclassical theory of aggregate labor supply, i.e., the theory that the number or workers supplied to the market varied with wages, population, and work preferences, with work preferences and population treated...
Persistent link: https://www.econbiz.de/10004994070
Much attention has been devoted to the peculiar behavior of the unemployment rate from 1969 to 1973.
Persistent link: https://www.econbiz.de/10004994075