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Most prime-age married couples in the U.S. today have two labor force participants. Migration decisions are more complicated for two-earner couples than for one-earner couples because any gain from moving that accrues to one spouse must be great enough to offset any loss to the other spouse....
Persistent link: https://www.econbiz.de/10005393928
The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 required states to increase welfare recipient employment and participation in welfare-to-work programs. These work requirements are sometimes credited for bringing about large employment increases among single mothers....
Persistent link: https://www.econbiz.de/10005394064
This paper presents estimates of the impact of Social Security's Delayed Retirement Credit on the employment rates of older men. The credit raises lifetime social security benefit payments for recipients who delay receiving benefits after age 65 and offers a rare and important test of whether...
Persistent link: https://www.econbiz.de/10005721130
Persistent link: https://www.econbiz.de/10005257675
The probability that an individual participates in the labor force declines precipitously beyond age 50. This feature of labor supply suggests that ongoing shifts in the age distribution of the population will put substantial downward pressure on the aggregate labor force participation rate....
Persistent link: https://www.econbiz.de/10005393836
Output growth is determined by growth in labor productivity and growth in labor input. Over the past two decades, technological developments have changed how many economists think about growth in labor productivity. However, in the coming decades, the aging of the population will change how...
Persistent link: https://www.econbiz.de/10010726070
The U.S. labor force participation rate rose rapidly during the 1960s, 1970s, and 1980s. It then flattened out in the 1990s, and since 2000 it has fallen, without much sign of an imminent rebound. We attempt to distinguish between cyclical and structural influences on the participation rate by...
Persistent link: https://www.econbiz.de/10005021985
The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 changed welfare programs by increasing state income maintenance programs’ emphasis on employment. Following reform, several states paid reduced welfare benefits to single mothers who resided in their parents’ homes,...
Persistent link: https://www.econbiz.de/10005711890
Output growth is determined by growth in labor productivity and growth in labor input. Over the past two decades, technological developments have changed how many economists think about growth in labor productivity. However, in the coming decades, the aging of the population will change how...
Persistent link: https://www.econbiz.de/10005717457
Persistent link: https://www.econbiz.de/10008580613