Search Results
Journal Article
U.S. Job Polarization Persists
Job polarization has existed before, during, and since the Great Recession.
Journal Article
College degrees: why aren't more people making the investment?
The benefits of a college diploma are many, including higher pay, lower unemployment, maybe even better health. Yet many high school graduates still do not pursue a college degree. This article examines several key reasons why more people aren?t making this investment in themselves.
Briefing
Why Are Women Leaving the Labor Force?
The female labor force participation (LFP) rate has dropped steadily since 2000, especially among single women. At the same time, the percentage of single women has grown as a share of the female population, a trend that has increased the impact of the single women's LFP rate on the aggregate women's LFP rate. An analysis of data from the Current Population Survey shows that a growing percentage of single women who are not in the labor force are going to school. Meanwhile, an increasing share of married women list retirement as the reason for no longer participating in the labor force.
Journal Article
Aging and the Economy: The Japanese Experience
Because of its unusually high percentage of older people, Japan is heavily analyzed by other developed economies for studying the impact of aging on a macroeconomy. Does a large older population affect such things as output, inflation and labor force participation?
Journal Article
District Overview: Track Records for District, Nation Differ on Startups, Which Are an Important Driver of Job Growth
While the Eighth District?s track record on business startups is less impressive than that of the nation since 2006, the District performed better than the nation over the same time period in regard to business shutdowns.
Journal Article
Understanding the Gender Earnings Gap: Hours Worked, Occupational Sorting, and Labor Market Experience
This article documents life-cycle gender differences in labor market outcomes using longitudinal data of a cohort of individuals from the National Longitudinal Survey of Youth 1979. As in other datasets, the gender earnings gap increases with age. We find that hours worked and labor market experience are the most substantial observable variables in explaining the gender pay gap. We also focus on patterns in occupational changes over the life cycle, as a large part of pay growth occurs when workers change jobs. We find that college-educated men, on average, move into occupations with higher ...
Working Paper
Wage dynamics and labor market transitions: a reassessment through total income and “usual” wages
We present a simple on-the-job search model in which workers can receive shocks to their employer-specific c productivity match. Because the firm-specific match can vary, wages may increase or decrease over time at each employer. Therefore, for some workers, job-to-job transitions are a way to escape job situations that worsened over time. The contribution of our paper relies on our novel approach to identifying the presence of the shock to the match specific productivity. The presence two independent measures of workers compensation in our dataset of is crucial for our identification ...
Working Paper
Reversal of Gender Gaps in Child Development: Evidence from Young Children in India
This paper provides unique evidence of a reversal of gender gaps in cognitive development in early childhood. We find steep caste and gender gradients and few substantive changes once children enter school. The gender gap, however, reverses its sign for the upper caste, with girls performing better than boys at age 5 but thereafter following the general pattern in India of boys performing better.