The Labor Demand Curve Iss Upward Sloping? The Wage Effects of Immigration and Women's Entry into the US Labor Force, 1960-2010

Author(s):  
Alan de Brauw ◽  
Joseph R.D. Russell
2019 ◽  
Vol 33 (2) ◽  
pp. 163-190 ◽  
Author(s):  
Ariel J. Binder ◽  
John Bound

Over the last half century, US wage growth stagnated, wage inequality rose, and the labor-force participation rate of prime-age men steadily declined. In this article, we examine these worrying labor market trends, focusing on outcomes for males without a college education. Though wages and participation have fallen in tandem for this population, we argue that the canonical neoclassical framework, which postulates a labor demand curve shifting inward across a stable labor supply curve, does not reasonably explain the data. Alternatives we discuss include adjustment frictions associated with labor demand shocks and effects of the changing marriage market—that is, the fact that fewer less-educated men are forming their own stable families—on male labor supply incentives. In the synthesis that emerges, the phenomenon of declining prime-age male labor-force participation is not coherently explained by a series of causal factors acting separately. A more reasonable interpretation, we argue, involves complex feedbacks between labor demand, family structure, and other factors that have disproportionately affected less-educated men.


2017 ◽  
pp. 22-39 ◽  
Author(s):  
M. Ivanova ◽  
A. Balaev ◽  
E. Gurvich

The paper considers the impact of the increase in retirement age on labor supply and economic growth. Combining own estimates of labor participation and demographic projections by the Rosstat, the authors predict marked fall in the labor force (by 5.6 million persons over 2016-2030). Labor demand is also going down but to a lesser degree. If vigorous measures are not implemented, the labor force shortage will reach 6% of the labor force by the period end, thus restraining economic growth. Even rapid and ambitious increase in the retirement age (by 1 year each year to 65 years for both men and women) can only partially mitigate the adverse consequences of demographic trends.


2019 ◽  
Author(s):  
Belal Fallah ◽  
Marcelo Bergolo ◽  
Iman Saadeh ◽  
Arwa Abu Hashhash ◽  
Mohamad Hattawy

2021 ◽  
Vol 2 (1) ◽  
pp. 20-34
Author(s):  
Akhtar Gul ◽  
Tanbila Ghafoor ◽  
Fatima Zahra

The aim of this paper describes world’s future post-COVID-19. Coronavirus resemble pandemics exist in centuries. Exactly, one century ago influenza flu affected the world economy and social order. About millions of people died caused by pandemics along with weak and collapsed economies. The pandemic entirely affected every sphere of life, including, Labor demand and supply, tourism, economy, politics, and nature of the world.  There are two possible scenarios of the world post-Covid-19. First one world will enter new wars, hunger, and world order and so on. Second one, whole states collectively tackle this pandemic. Firstly, Economic and military strength determine the political power of a state. The US has been facing severe and critical crises since 2016. Thus, the US will not maintain power more and more. USA’s One Step Back Policy will collapse USA power and Trump loses the election, and new president will impose new wars on Asian land. European Union will disintegrate due to race of power among the powers along with world face. Secondly, China will impose a new world order after COVID-19. Because China policies totally different from previous superpowers. During supremacy, the Great Britain and USA were adopted aggressive political and military policies. In Contrast, China adopted an economic policy which is beneficial for every society. China started to lead the world economically and politically. So, this gap will create a new war in Asia and globally. China Economic Network policy (BRI) would cover world in 2040 years. Thirdly, world economies will face severe economic conditions like 1923, 1929 and 2008. The current recession and political scenarios are knocking a depression on world economic door. Fourthly, emerging economy India will not cover economic power till 2025. Maybe India never achieves economic prosperity due to Jingoistic approach.  In this paper, we predicate world’s economic and politics shape post-covid-19. The virus is changed every sphere and every field of life. ? We used NiGEM model. It’s just predication, will what occur in future. About 3% Gross Domestic Product, 10% consumption, 18% manufacturing and 13% to 32% trade declined due to current pandemics. Universal recession also take place. Now, how the world’s powerful state will push the world into new wars. Which one imposed new world order post-covid-19? Does a new Great Depression knock world door


2019 ◽  
Vol 61 ◽  
pp. 01032 ◽  
Author(s):  
Xuecheng Wang

E-hailing cars have become an important innovation in transportation operations. The E-hailing originated in the US and has developed rapidly around the world. As a laggard, China has experienced remarkable progress in exploring development period, rapid expansion period and adjustment period. The main reason is that China has a large user base, a sufficient labor force, a good network innovation environment, and a relatively relaxed regulatory environment. The new policy formulated by the Chinese government has caused a relatively large constraint on the Ehailing industry. Whether the E-hailing platform can maintain neutrality business and whether it can safeguarding consumer rights while developing the economy is an important challenge.


PLoS ONE ◽  
2021 ◽  
Vol 16 (2) ◽  
pp. e0247967
Author(s):  
Dan P. Ly

While several areas in the United States have asked nurses and physicians who are not in the labor force to return to help with the COVID-19 pandemic, little is known about the characteristics of these clinicians that may present barriers to returning. We studied age, disability, and household composition of clinicians not in the workforce using the American Community Survey from 2014 to 2018, a nationally-representative survey of US households administered by the US Census. Overall, we found that, for nurses and physicians not in the labor force, over three-quarters were 55 and over and about 15 percent had a disability. For female nurses and physicians not in the labor force, over half of those ages 20–54 had a child under 15 at home and over half of those ages 65+ had another adult 65 and over at home. These characteristics may present challenges and risks to returning.


2020 ◽  
Vol 6 (3) ◽  
Author(s):  
Mr Sofyardi

With the ever-increasing number of people and the labor force on the one hand, and the limited employment opportunities on the other hand have resulted in an imbalance between supply and labor demand. If this problem is not resolved successfully, it can have adverse impacts in the social, economic, political, and security fields. The handling of employment issues can only be successful if based on good manpower planning. Therefore, the immediate problem faced is how to find the right balance between the growth of the labor force and the employment opportunities in the development process. It is therefore necessary to projection the provision of manpower in relation to the business of creating employment opportunities in the future


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