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Life-cycle Labor Force Participation of Married Women

Life-cycle Labor Force Participation of Married Women
Author: Claudia Dale Goldin
Publisher:
Total Pages: 50
Release: 1983
Genre: Labor supply
ISBN:

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The five-fold increase in the labor force participation rate of married women over the last half century was not accompanied by a substantial increase in the average job market experience of working women. Two data sets giving life-cycle labor force histories for cohorts of women born from the 1880s to 1910s indicate substantial (unconditional) heterogeneity in labor force participation. Married women in the labor force had a high degree of attachment to it; increased participation rates brought in women with little prior job experience and reduced cumulated years experience. According to extant schedules froma 1939 Women's Bureau Bulletin, 86% of married women born around 1895 and working in 1939 had been employed 50% of the years since beginning work, and 47% had worked 88% of those years. Average years of experience for cross sections of working married women hardly increased from 1920 to 1950, rising from 9 to 10.5 years. Because wages are calculated only for currently employed individuals, the steadiness in relative wages of women to men over this period may result from stable experience ratings for employed married women. An exploration of the determinants of labor force persistence points to the importance of occupational choice early in the work history of a woman and to the rise in clerical and professional occupations in extending life-cycle labor force participation.


Women Working Longer

Women Working Longer
Author: Claudia Goldin
Publisher: University of Chicago Press
Total Pages: 326
Release: 2018-04-19
Genre: Business & Economics
ISBN: 022653264X

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Today, more American women than ever before stay in the workforce into their sixties and seventies. This trend emerged in the 1980s, and has persisted during the past three decades, despite substantial changes in macroeconomic conditions. Why is this so? Today’s older American women work full-time jobs at greater rates than women in other developed countries. In Women Working Longer, editors Claudia Goldin and Lawrence F. Katz assemble new research that presents fresh insights on the phenomenon of working longer. Their findings suggest that education and work experience earlier in life are connected to women’s later-in-life work. Other contributors to the volume investigate additional factors that may play a role in late-life labor supply, such as marital disruption, household finances, and access to retirement benefits. A pioneering study of recent trends in older women’s labor force participation, this collection offers insights valuable to a wide array of social scientists, employers, and policy makers.


Divorce Risk, Wages, and Working Wives

Divorce Risk, Wages, and Working Wives
Author: Raquel Fernández
Publisher:
Total Pages: 0
Release: 2014
Genre: Economics
ISBN:

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This paper develops a quantitative life-cycle model to study the increase in married women's labor force participation (LFP). We calibrate the model to match key life-cycle statistics for the 1935 cohort and use it to assess the changed environment faced by the 1955 cohort. We find that a higher divorce probability and changes in wage structure are each able to explain a large proportion of the LFP increase. Higher divorce risk increases LFP not because the latter contributes to higher marital assets or greater labor market experience, however. Instead, it is the result of conflicting spousal preferences towards the adjustment of marital consumption in the face of increased divorce risk.


Divorce Risk, Wages, and Working Wives

Divorce Risk, Wages, and Working Wives
Author: Raquel Fernández
Publisher:
Total Pages:
Release: 2014
Genre: Economics
ISBN:

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This paper develops a quantitative life-cycle model to study the increase in married women's labor force participation (LFP). We calibrate the model to match key life-cycle statistics for the 1935 cohort and use it to assess the changed environment faced by the 1955 cohort. We find that a higher divorce probability and changes in wage structure are each able to explain a large proportion of the LFP increase. Higher divorce risk increases LFP not because the latter contributes to higher marital assets or greater labor market experience, however. Instead, it is the result of conflicting spousal preferences towards the adjustment of marital consumption in the face of increased divorce risk.


Her Real Sphere?

Her Real Sphere?
Author: Evan Warwick Roberts
Publisher:
Total Pages: 940
Release: 2007
Genre:
ISBN:

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Long-Term Factors in American Economic Growth

Long-Term Factors in American Economic Growth
Author: Stanley L. Engerman
Publisher: University of Chicago Press
Total Pages: 898
Release: 2007-11-01
Genre: Business & Economics
ISBN: 0226209318

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These classic studies of the history of economic change in 19th- and 20th-century United States, Canada, and British West Indies examine national product; capital stock and wealth; and fertility, health, and mortality. "A 'must have' in the library of the serious economic historian."—Samuel Bostaph, Southern Economic Journal