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Author: Jones, John Bailey
Resulting in 2 citations.
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Blandin, Adam Jones, John Bailey Yang, Fang |
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Marriage and Work among Prime-Age Men Working Paper 23-02, Federal Reserve Bank of Richmond, January 2023. Also: https://www.richmondfed.org/publications/research/working_papers/2023/wp_23-02 Cohort(s): NLSY79, NLSY97 Publisher: Federal Reserve Bank of Richmond Keyword(s): Male Sample; Marriage; Work Hours/Schedule Permission to reprint the abstract has not been received from the publisher. Married men work substantially more hours than men who have never been married, even after controlling for observables. Panel data reveal that much of this gap is attributable to an increase in work in the years leading up to marriage. Two potential explanations for this increase are: (i) men hit by positive labor market shocks are more likely to marry; and (ii) the prospect of marriage increases men's labor supply. We quantify the relative importance of these two channels using a structural life-cycle model of marriage and labor supply. Our calibration implies that marriage substantially increases male labor supply. Counterfactual simulations suggest that if men were unable to marry, prime-age male work hours would fall by 7%, and if marriage rates fell to the extent observed, men born around 1980 would work 2% fewer hours than men born around 1960. |
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Bibliography Citation
Blandin, Adam, John Bailey Jones and Fang Yang. "Marriage and Work among Prime-Age Men." Working Paper 23-02, Federal Reserve Bank of Richmond, January 2023. |
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Gordon, Grey Jones, John Bailey Neelakantan, Urvi Athreya, Kartik |
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Incarceration, Employment, and Earnings: Dynamics and Differences Presented: New Orleans LA, American Economic Association Annual Meeting, January 2023 Cohort(s): NLSY79 Publisher: American Economic Association Keyword(s): Earnings; Incarceration/Jail; Markov chain / Markov model; Unemployment Permission to reprint the abstract has not been received from the publisher. We study the dynamics of incarceration, employment, and earnings. Our hidden Markov model distinguishes between first-time and repeat incarceration, between persistent and transitory nonemployment and earnings risks, and accounts for nonresponse bias. We estimate the model via maximum likelihood using the National Longitudinal Survey of Youth 1979, accounting for the large differences in incarceration rates by race, education level, and gender. First-time incarceration is associated with 32% (51%) lower expected lifetime earnings and 6 (10) fewer years of employment for Black (White) men with a high school degree. Among less-educated men, differences in incarceration and nonemployment can explain around half the Black-White lifetime earnings gap. |
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Bibliography Citation
Gordon, Grey, John Bailey Jones, Urvi Neelakantan and Kartik Athreya. "Incarceration, Employment, and Earnings: Dynamics and Differences." Presented: New Orleans LA, American Economic Association Annual Meeting, January 2023. |