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In this paper I provide some evidence on the question of whether the behavior of unemployed young blacks, whose reservation wages are relatively high and whose jobless spells are very lengthy, reflect rational maximizing choices. To do this, I use a simple income-maximizing job search model to...
Persistent link: https://www.econbiz.de/10012477678
This paper analyzes reservation wages and durations of nonemployment for young blacks and whites. Selfreported reservation wages are compared for blacks and whites before and after controlling for indicators of labor demand such as received wages, weeks worked, or other personal characterlstics....
Persistent link: https://www.econbiz.de/10012477820
This paper presents estimates of the effects of unions on the wages of young black and white males who are both union and nonunion workers. It also presents estimates of union effects on employment for these groups, as well as their union membership rates. While unions have a very substantial,...
Persistent link: https://www.econbiz.de/10012478490
The U.S. labor market will be buffeted by major changes in the next few decades, such as an aging population, automation that displaces workers and requires skill adjustments, and increases in independent or informal work and "fissured" workplaces. These forces will likely raise worker...
Persistent link: https://www.econbiz.de/10012153549
Persistent link: https://www.econbiz.de/10009782674
Workforce development in the US today is spread across higher education institutions (primarily public 2-year and for-profit colleges), labor market institutions and workplaces, with public funding from a range of sources. But outcomes for students and workers are weaker than they could be,...
Persistent link: https://www.econbiz.de/10012485164
Persistent link: https://www.econbiz.de/10013407058
The earned income tax credit provides important benefits to low-income families with children. At substantial costs (over $70 billion to the US federal government), it increases the incomes of such families while encouraging parents to work more by subsidizing their incomes. But low-income...
Persistent link: https://www.econbiz.de/10015062275
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In this paper I review the empirical evidence on the effects of incarceration on thesubsequent employment and earnings of less-educated young prisoners...
Persistent link: https://www.econbiz.de/10005861532