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The labor force participation rate of married women first declines and then rises as countries develop. Its þ-shape is revealed both across the process of economic development and through the histories of currently advanced countries. The initial decline in the participation rate is due to the...
Persistent link: https://www.econbiz.de/10012474221
We explore the savings behavior and saving rates of ordinary Americans through their accounts at the Philadelphia Saving Fund Society. the oldest mutual savings bank in the United States founded in 1816 to encourage thrift among the working poor. Our sample contains the 2.374 accounts opened in...
Persistent link: https://www.econbiz.de/10012474847
Two opposing views of the antebellum economy are tested. One is that aggregate economic activity was severely diminished and that unemployment was substantial and prolonged during several downturns. The alternative interpretation is that antebellum fluctuations were more apparent than real;...
Persistent link: https://www.econbiz.de/10012475839
Has economic progress increased the relative earnings of females to males over the long run? Evidence on trends in the earnings gap for the last four decades appears to run counter to this hypothesis. Numerous data sources are used in this paper to piece together a 170-year history of the...
Persistent link: https://www.econbiz.de/10012477187
The history of coeducation in U.S. higher education is explored through an analysis of a database containing information on all institutions offering four-year undergraduate degrees that operated in 1897, 1924, 1934, or 1980, most of which still exist today. These data reveal surprises about the...
Persistent link: https://www.econbiz.de/10012462376
In this short note I simulate the DR under various conditions and make comparisons with the US. Japan has experienced a …. Fertility is the largest of the contributors in Japan. If there are no demographic changes in Japan, the DR will be 0.88 by 2050 …The Japanese are becoming older. Americans are also becoming older. Demographic stress in Japan, measured by the …
Persistent link: https://www.econbiz.de/10012456232