Adapting to Circumstances: The Evolution of Work, School, and Living Arrangements Among North American Youth / David Card, Thomas Lemieux.

Format:

Book

Author/Creator:

Card, David.

Contributor:

National Bureau of Economic Research.

Lemieux, Thomas.

Series:

Working Paper Series (National Bureau of Economic Research) no. w6142.

NBER working paper series no. w6142

Language:

English

Subjects (All):

Labor supply--Congresses.

Labor supply.

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Adapting to Circumstances

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1997.

Cambridge, Mass. : National Bureau of Economic Research, 1997.

Summary:

We use comparable micro data sets for the U.S. and Canada to study the responses of young workers to the external labor market forces that have affected the two countries over the past 25 years. We find that young workers adjust to changes in labor market opportunities through a variety of mechanisms, including changes in living arrangements, changes in school enrollment, and changes in work effort. In particular, we find that poor labor market conditions in Canada explain why the fraction of youth living with their parents has increased in Canada relative to the U.S. recently. Paradoxically, this move back home also explains why the relative position of Canadian youth in the distribution of family income did not deteriorate as fast as in the U.S.

Notes:

Print version record

August 1997.

Includes bibliographical references.