Journal Article
The decline in teen labor force participation
Abstract: The authors examine the recent decline in teen work activity, offering explanations for both the long secular decline since the late 1970s and the recent acceleration in this decline since 2000. They argue that much of this pattern is due to a significant increase in the rewards to formal education. They also explore the importance of changes to labor demand, crowding out by substitutable workers, the increased work activity of mothers, and increases in wealth.
Keywords: Labor mobility;
Access Documents
File(s): File format is application/pdf http://www.chicagofed.org/digital_assets/publications/economic_perspectives/2006/ep_1qtr2006_part1_aaronson_et_al.pdf
Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Economic Perspectives
Publication Date: 2006
Volume: 30
Issue: Q I