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The rate at which young women enter managerial /professional occupations began to rise steadily in the early1960s, when oral contraceptives first became available in the US. The fact that young mothers are comparatively rare in these occupations suggests that the advent of more effective...
Persistent link: https://www.econbiz.de/10010554376
Married women's labor force participation increased dramatically over the last century. I investigate the role of changes in culture arising from learning in this process. In the model, women hold (heterogeneous) beliefs regarding the long-run payoff of market work versus working at home....
Persistent link: https://www.econbiz.de/10011080477
We develop a model economy in the spirit of Caucutt, Guner and Knowles (2002). Each period single men and women with various levels of productivity are matched in a marriage market segmented by age and race. They decide whether or not to marry taking into account what their next best option is....
Persistent link: https://www.econbiz.de/10011080303
as in Melitz (2003). This increases …firms´ incentives to hire or …re workers as idiosyncratic productivity shocks occur, thereby increasing job turnover and, because of the search frictions, spreading the wage distribution. Preliminary simulations at plausible parameter values suggest that...
Persistent link: https://www.econbiz.de/10011080469