Leibbrandt, Murray; Levinsohn, James A.; McCrary, Justin - 2021
declines--on the order of 40%--in real incomes for both men and women. The brunt of the income decline appears to have been … decline. For most groups, a (conservative) correction for selection into income recipiency explains some, but not all, of the … income decline. For other groups, selection is a potential explanation for the income decline. Perhaps the most persuasive …