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Title: The Impact of Macroeconomic Conditions in Childhood on Adult Labor Market Outcomes
Resulting in 1 citation.
1. Rao, Neel
The Impact of Macroeconomic Conditions in Childhood on Adult Labor Market Outcomes
Economic Inquiry 54,3 (July 2016): 1425-1444.
Also: http://onlinelibrary.wiley.com/doi/10.1111/ecin.12327/abstract
Cohort(s): Children of the NLSY79, NLSY79
Publisher: Wiley Online
Keyword(s): American Community Survey; Economic Changes/Recession; Geocoded Data; Home Observation for Measurement of Environment (HOME); Labor Market Outcomes; Panel Study of Income Dynamics (PSID); Parental Influences; Parenting Skills/Styles; Unemployment Rate, Regional

Permission to reprint the abstract has not been received from the publisher.

This study examines the influence of business cycles in childhood on economic performance later in life. I relate unemployment rates between the year before one's birth and the year of one's 15th birthday to schooling, employment, and income as an adult. The analysis exploits variation in macroeconomic conditions across states over time. I address a number of identification challenges related to cohort effects, linear trends, current events, and economic persistence. The caregiving behaviors and background characteristics of parents are also studied. The average unemployment rate in childhood normally has a negative effect on human capital in adulthood.
Bibliography Citation
Rao, Neel. "The Impact of Macroeconomic Conditions in Childhood on Adult Labor Market Outcomes." Economic Inquiry 54,3 (July 2016): 1425-1444.