Labour and Public Policy Seminar: Hannes Schwandt, University of Zurich

Title: Unlucky Cohorts: Earnings, Income, and Mortality Effects from Entering the Labor Market in a Recession

2017.08.15 | Bodil Krog

Date Fri 27 Oct
Time 12:15 13:15
Location Fuglesangs Allé 4, 8210 Aarhus V, building 2621(B), room 04

Presenter: Hannes Schwandt, University of Zurich

Title: Unlucky Cohorts: Earnings, Income, and Mortality Effects from Entering the Labor Market in a Recession (with Till von Wachter)

Abstract: We study the persistent effect of initial labor market conditions for labor market entrants in the United States from 1976 to today on earnings, receipt of government support, and mortality by education, gender, and race groups. We find that adverse effects are larger for workers without a college degree and nonwhites. While these effects are partly offset by increases in the receipt of food stamps for the least advantaged, we find persistent increases in poverty. We also find moderate increases in mortality later in life, suggesting an unlucky start still has adverse effects once earnings and wage losses have faded.

Organizer: Niels Skipper

Labour and Public Policy Seminars
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