A new working paper by Shushanik Hakobyan and John McLaren.
Abstract:
Using US Census data for 1990-2000, we estimate effects of NAFTA on US wages, focusing on differences by gender. We find that NAFTA tariff reductions are associated with substantially reduced wage growth for married blue-collar women, much larger than the effect for other demographic groups. We investigate several possible explanations for this finding. It is not explained by differential sensitivity of female-dominated occupations to trade shocks, or by household bargaining that makes married women workers less able to change their industry of employment than other workers. We find some support for an explanation based on an equilibrium theory of selective non-participation in the labor market, whereby some of the higher-wage married women workers in their industry drop out of the labor market in response to their industry's loss of tariff. However, this does not fully explain the findings so we are left with a puzzle.
Gated edition of the paper is here.
-
From two graduates of the Suffolk University PhD program in Economics I had the pleasure of knowing and working with over the years. Here...
-
Stock market woes raise a nagging fear: Is a recession near?
-
OVERVIEW The unemployment rate rose slightly to 3.9 percent in December with payrolls expanding by 312,000 jobs, according to the Bureau ...