Graduating High School in a Recession: Work, Education, and Home Production
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Brad J. Hershbein
Abstract
This paper explores how high school graduate men and women vary in their behavioral responses to beginning labor market entry during a recession. In contrast with previous related literature that found a substantial negative wage impact but minimal employment impact in samples of highly educated men, the empirical evidence presented here suggests a different outcome for the less well educated, and between the sexes. Women, but not men, who graduate high school in an adverse labor market are less likely to be in the workforce for the next four years, but longer-term effects are minimal. Further, while men increase their enrollment as a short-run response to weak labor demand, women do not; instead, they appear temporarily to substitute into home production. Women's wages are less affected than men's, and both groups' wages are less affected than the college graduates previously studied.
©2012 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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- Impacts of Family Size on the Family as a Whole: Evidence from the Developing World
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- Cyclicality of Real Wages in Korea
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- A Group-based Wellness Intervention in the Laboratory
- Technology Inertia and the Benefits of Entry
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- The CPS Redesign's Effects on Measured Unemployment Duration in the Great Recession
- A Patent System with a Contingent Delegation Fee under Asymmetric Information
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- Green Jobs and Renewable Electricity Policies: Employment Impacts of Ontario's Feed-in Tariff
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