Search Results
What Parents Say About How Childcare Problems Affect Employment and Hours Worked
There are about 60 million adults in the United States between the ages of 25 and 54 who live with at least one child under 18 years old. Roughly 50 million of these parents are in the labor force—either employed or actively seeking work—and they represent about 30% of the total U.S. labor force and nearly half of the labor force between the ages 25 to 54. As part of our Spotlight on Childcare and the Labor Market, a targeted effort to understand how access to childcare can affect employment and the economy, we examine these parents’ responses to questions in the U.S. Census Bureau’s ...
Working Paper
Decomposition of feedback between time series in a bivariate error-correction model
This paper adapts Geweke's [1982] method of decomposing the feedback between time series by frequency to the case of 1(1) time series generated by a bivariate error-correction model. The method is applied to long-run data on US and UK price levels with the finding that most of the feedback between the two time series occurs at very low frequencies.
Working Paper
Pulled Out or Pushed Out? Declining Male Labor Force Participation
The fraction of men working in the United States has declined consistently since the 1950s. This has contributed to slower labor force growth and resulted in considerable gaps between labor force participation in the U.S. and its industrialized peers. In this paper we examine the drivers of this trend, focusing specifically on prime-age men (aged 25–54). We compare non-participation rates across four generations – the Silent Generation, Baby Boomers, Generation X, and Millennials – and decompose generational gaps into “push” and “pull” factors that are intended to be ...