This paper takes a labor supply perspective (neoclassical labor supply, job search) to explain the lower employment …

lower wages and hence lower employment or LFP. However, there are two reasons that we might find a positive effect. First … is possible that the age structure of employment is such that relative labor demand for an age cohort increases when the …

Employment trends in the U.S. were similar across age groups in the 1960s, 1970s, and 1980s: male employment rates … declined or were flat at all ages and female employment rates increased or were flat at all ages. But employment trends … diverged more recently, with employment rising at older ages and falling at younger ages, for both men and women. This paper …