THE IMPACT OF MACROECONOMIC CONDITIONS IN CHILDHOOD ON ADULT LABOR MARKET OUTCOMES.

This study examines the influence of business cycles in childhood on economic performance later in life. I relate unemployment rates between the year before one's birth and the year of one's 15th birthday to schooling, employment, and income as an adult. The analysis exploits variation in macroecono...

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Publicado en:Economic Inquiry Vol. 54; no. 3; pp. 1425 - 1445
Autor principal: Rao, Neel
Formato: Artículo
Publicado: Wiley-Blackwell Jul2016
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: THE IMPACT OF MACROECONOMIC CONDITIONS IN CHILDHOOD ON ADULT LABOR MARKET OUTCOMES.
      aug:
        au: Rao, Neel
        affil: Assistant Professor, Department of Economics, University at Buffalo, SUNY, Buffalo NY, 14260
      su:
        Business cycles
        Labor market
        Child development
        Macroeconomics
        Economics
        Unemployment & economics
      sug:
        subj:
          Business cycles
          Labor market
          Child development
          Macroeconomics
          Economics
          Unemployment & economics
      ab: This study examines the influence of business cycles in childhood on economic performance later in life. I relate unemployment rates between the year before one's birth and the year of one's 15th birthday to schooling, employment, and income as an adult. The analysis exploits variation in macroeconomic conditions across states over time. I address a number of identification challenges related to cohort effects, linear trends, current events, and economic persistence. The caregiving behaviors and background characteristics of parents are also studied. The average unemployment rate in childhood normally has a negative effect on human capital in adulthood. ( JEL J11, J24, J31)
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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