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Changes In Male Labor Supply And Wages
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Book Synopsis Changes in Male Labor Supply and Wages by : Paul J. Devereux
Download or read book Changes in Male Labor Supply and Wages written by Paul J. Devereux and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1980s, both wages and labor supply of poorly educated men fell substantially relative to those of educated men. Some observers have interpreted this positive association between changes in wages and labor supply as reflecting movement along stable labor supply curves. The author casts doubt on this interpretation by showing that the wage elasticity necessary to account, by itself, for the observed labor supply decline would greatly exceed elasticity levels typically found in prior studies. Analysis of Census data shows little relationship between changes in relative wages at the state level and changes in male labor supply. Also, panel data analysis shows no strong correlation between long-run changes in individual hours and wages. The small implied labor supply elasticities suggest that very little of the labor supply changes of men during the 1980s can be related to changes in relative wages.
Book Synopsis Change at Home, in the Labor Market, and on the Job by : Solomon W. Polachek
Download or read book Change at Home, in the Labor Market, and on the Job written by Solomon W. Polachek and published by Emerald Group Publishing. This book was released on 2020-11-23 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do changes at home, in the labor market and on the job affect worker well-being? This volume of Research in Labor Economics contains eight original and insightful articles answering this question. Seven deal with demographic and labor market change, and one deals with wage differences essentially at a point in time.
Book Synopsis Structural Changes in U.S. Labour Markets: Causes and Consequences by : Randall E. Eberts
Download or read book Structural Changes in U.S. Labour Markets: Causes and Consequences written by Randall E. Eberts and published by Routledge. This book was released on 2019-07-26 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: During much of the 1980s, US wage growth has been unexpectedly slow in the face of relatively low unemployment rates and high capacity utilization rates. This collection of papers resulting from the Wage Structure Conference held by the Federal Research Bank of Cleveland, November 1989, helps explain labour market behaviour in that period. The contributors - academic and research economists in labour economics - provide a comprehensive assessment of the current state of the wage-setting process in the US labour market.
Book Synopsis Differences and Changes in Wage Structures by : Richard B. Freeman
Download or read book Differences and Changes in Wage Structures written by Richard B. Freeman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past two decades, wages of skilled workers in the United States rose while those of unskilled workers fell; less-educated young men in particular have suffered unprecedented losses in real earnings. These twelve original essays explore whether this trend is unique to the United States or is part of a general growth in inequality in advanced countries. Focusing on labor market institutions and the supply and demand forces that affect wages, the papers compare patterns of earnings inequality and pay differentials in the United States, Australia, Korea, Japan, Western Europe, and the changing economies of Eastern Europe. Cross-country studies examine issues such as managerial compensation, gender differences in earnings, and the relationship of pay to regional unemployment. From this rich store of data, the contributors attribute changes in relative wages and unemployment among countries both to differences in labor market institutions and training and education systems, and to long-term shifts in supply and demand for skilled workers. These shifts are driven in part by skill-biased technological change and the growing internationalization of advanced industrial economies.
Book Synopsis A Future of Lousy Jobs? by : Gary Burtless
Download or read book A Future of Lousy Jobs? written by Gary Burtless and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Politicians, journalists, and the public have expressed rising concern about the decline—or percieved decline—in middle-class jobs. The U.S. work force is viewed as increasingly divided between a prosperous minority that enjoys ever-rising wages and a less affluent majority that struggles harder each year to make ends meet. To determine whether and why this view of the job market is accurate, labor market economists anaylze trends in the distribution of jobs and wages over the past two decades and attempt to forecast the future course of American earnings inequality. McKinley L. Blackburn, David E. Bloom, and Richard B. Freeman assess the reasons behind the deterioration of earnings and job opportunities among less skilled men. They consider the impact of changes in industrial structure, declines in unionization, and trends in the level and quality of schooling for men who have limited skills and education. Gary Burtless examines the effect of the business cycle, within and across different regions of the United States, on earnings inequality and analyzes the effects of demographic change on inequality over the past twenty years. Rebecca M. Blank studies the rise of part-time employment and its impact on wages, fringe benefits, and the quality of jobs. Linda Dachter Loury focuses on the effect of the baby boom and baby bust on demand for schooling among new labor market entrants. If young entrants are discouraged from seeking college training by the high cost or low payoff of schooling, the long-term impact will be a gradual decline in the skills of the U.S. work force. Robert Mofitt analyzes the effect of welfare state programs on the growth of low-wage jobs, and the extent to which the welfare reforms of the eighties have affected low-income workers.
Book Synopsis Who's Not Working and Why by : Frederic L. Pryor
Download or read book Who's Not Working and Why written by Frederic L. Pryor and published by Cambridge University Press. This book was released on 1999 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting a radically different view of the operations of the labor market, in this 1999 book Professors Pryor and Schaffer explain the growing inequality in wages and how those with the least education are being squeezed out of the labor market. Why have wages in those jobs requiring extra-high cognitive skills risen while all other wages have stagnated or fallen? And why are more university graduates taking high-school jobs? The authors of this volume present data revealing that jobs which require a high educational level are increasing more slowly than those with somewhat lower requirements. However such jobs are increasing faster than those requiring still less formal education. Professors Pryor and Schaffer also show how women are replacing men in jobs which require higher levels of education and, moreover, how those with high cognitive skills are replacing those with lower cognitive skills.
Book Synopsis Wage Inequality and Family Labor Supply by : Chinhui Juhn
Download or read book Wage Inequality and Family Labor Supply written by Chinhui Juhn and published by . This book was released on 1996 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using data from the March CPS and the 1960 Census, this paper describes earnings and employment changes for married couples in different types of households stratified by the husband's hourly wage. While the declines in male employment and earnings have been greatest for low wage men, employment and earnings gains have been largest for wives of middle and high wage men. These findings cast doubt on the notion that married women have increased their labor supply in the recent decades to compensate for the disappointing earnings growth of their husbands. We conclude that own wage effects dominate cross effects between husband and wife in accounting for changes in male and female employment.
Book Synopsis Aging and the Macroeconomy by : National Research Council
Download or read book Aging and the Macroeconomy written by National Research Council and published by National Academies Press. This book was released on 2013-01-10 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.
Book Synopsis The Declining Labor Market Prospects of Less-Educated Men by : Ariel J. Binder
Download or read book The Declining Labor Market Prospects of Less-Educated Men written by Ariel J. Binder and published by . This book was released on 2019 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last half century, U.S. wage growth stagnated, wage inequality rose, and the labor-force participation rate of prime-age men steadily declined. In this article, we examine these labor market trends, focusing on outcomes for males without a college education. Though wages and participation have fallen in tandem for this population, we argue that the canonical neo-classical framework, which postulates a labor demand curve shifting inward across a stable labor supply curve, does not reasonably explain the data. Alternatives we discuss include adjustment frictions associated with labor demand shocks and effects of the changing marriage market--that is, the fact that fewer less-educated men are forming their own stable families--on male labor supply incentives. Our observations lead us to be skeptical of attempts to attribute the secular decline in male labor-force participation to a series of separately-acting causal factors. We argue that the correct interpretation probably involves complicated feedback between falling labor demand and other factors which have disproportionately affected men without a college education.
Book Synopsis The Labor Supply for Lower Level Occupations by : Harold Wool
Download or read book The Labor Supply for Lower Level Occupations written by Harold Wool and published by . This book was released on 1976 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Working and Poor by : Rebecca M. Blank
Download or read book Working and Poor written by Rebecca M. Blank and published by Russell Sage Foundation. This book was released on 2007-01-09 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last three decades, large-scale economic developments, such as technological change, the decline in unionization, and changing skill requirements, have exacted their biggest toll on low-wage workers. These workers often possess few marketable skills and few resources with which to support themselves during periods of economic transition. In Working and Poor, a distinguished group of economists and policy experts, headlined by editors Rebecca Blank, Sheldon Danziger, and Robert Schoeni, examine how economic and policy changes over the last twenty-five years have affected the well-being of low-wage workers and their families. Working and Poor examines every facet of the economic well-being of less-skilled workers, from employment and earnings opportunities to consumption behavior and social assistance policies. Rebecca Blank and Heidi Schierholz document the different trends in work and wages among less-skilled women and men. Between 1979 and 2003, labor force participation rose rapidly for these women, along with more modest increases in wages, while among the men both employment and wages fell. David Card and John DiNardo review the evidence on how technological changes have affected less-skilled workers and conclude that the effect has been smaller than many observers claim. Philip Levine examines the effectiveness of the Unemployment Insurance program during recessions. He finds that the program's eligibility rules, which deny benefits to workers who have not met minimum earnings requirements, exclude the very people who require help most and should be adjusted to provide for those with the highest need. On the other hand, Therese J. McGuire and David F. Merriman show that government help remains a valuable source of support during economic downturns. They find that during the most recent recession in 2001, when state budgets were stretched thin, legislatures resisted political pressure to cut spending for the poor. Working and Poor provides a valuable analysis of the role that public policy changes can play in improving the plight of the working poor. A comprehensive analysis of trends over the last twenty-five years, this book provides an invaluable reference for the public discussion of work and poverty in America. A Volume in the National Poverty Center Series on Poverty and Public Policy
Book Synopsis Looking Ahead by : Stephanie Aaronson
Download or read book Looking Ahead written by Stephanie Aaronson and published by . This book was released on 2001 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Workers and Their Wages by : Marvin H. Kosters
Download or read book Workers and Their Wages written by Marvin H. Kosters and published by American Enterprise Institute Press. This book was released on 1991 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises essays which describe and analyse the major changes in wage relationships between 1963 and the 1980s. Notes the increase in wage differentials for workers with different levels of schooling as the most pervasive change.
Book Synopsis Forecasting the Wages of Young Men by : Hong W. Tan
Download or read book Forecasting the Wages of Young Men written by Hong W. Tan and published by . This book was released on 1985 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: The post-war baby boom and the baby bust that followed have produced dramatic changes in both the size and in the age composition of the labor force. These demographic changes have been accompanied by changes in the age structure of civilian wages. The evidence suggests that as members of the baby boom cohorts entered the labor market in the 1960's and 1970's, their wages fell in comparison with the wages of prime age workers. The question addressed in this study is how the wage structure will change as the demographic trend reverses itself and as smaller birth cohorts enter the labor market in the 1980's and 1990's. Keywords: Youth population, Projections, Compensation, Manpower.
Book Synopsis Women's Wages and Work in the Twentieth Century by : James P. Smith
Download or read book Women's Wages and Work in the Twentieth Century written by James P. Smith and published by . This book was released on 1984 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines reasons the reported wages of women have remained constant at approximately 59 percent of men's wages during the twentieth century, and looks for explanations for the remarkable growth in the proportion of women who work. The authors examined two factors, education and work experience, as determinants of women's wages, and concluded that the constancy of women's relative wages at the 59 percent level is a myth. Instead, they found that: (1) the wages of working women did not increase relative to those of men between 1920 and 1980 because the skill of working women did not increase relative to that of men in the same period; (2) the average wages of the entire population of women have increased much faster than the wages of men during the last 60 years; (3) women's wages relative to men's jumped significantly between 1980 and 1983; and (4) women's economic status will improve significantly relative to men's over the next 20 years. They identified three demographic forces that contributed to the long-term growth in the female labor force: the increasing nuclearization of the American family, the urbanization of its population, and the long-term secular decline in fertility.
Book Synopsis Relative Wage Trends, Women's Work, and Family Income by : Chinhui Juhn
Download or read book Relative Wage Trends, Women's Work, and Family Income written by Chinhui Juhn and published by A E I Press. This book was released on 1996 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis How the Government Measures Unemployment by :
Download or read book How the Government Measures Unemployment written by and published by . This book was released on 1964 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statistical method used by the USA labour administration for the measurement of unemployment.