The Persistent Effects of Initial Labor Market Conditions for Young Adults and Their Sources.

Autor/in	Wachter, Till von
Titel	The Persistent Effects of Initial Labor Market Conditions for Young Adults and Their Sources. Gefälligkeitsübersetzung: Die anhaltenden Auswirkungen der Bedingungen auf dem Arbeitsmarkt am Berufsanfang auf junge Erwachsene und ihre Ursachen.
Quelle	In: The journal of economic perspectives, 34 (2020) 4, S. 168-194 PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; gedruckt; Zeitschriftenaufsatz
ISSN	0895-3309; 1944-7965
DOI	10.1257/jep.34.4.168
Schlagwörter	Soziale Situation; Soziales Verhalten; Gesundheitsverhalten; Kriminalität; Einkommenseffekt; Konjunktur; Rezession; Arbeitslosenquote; Arbeitslosigkeit; Arbeitsmarktindikator; Qualifikation; Unterwertige Beschäftigung; Auswirkung; Hochschulabsolvent; Berufsanfänger; Junger Erwachsener; USA
Abstract	"Unlucky young workers entering the labor market in recessions suffer a range of medium- to long-term consequences. This paper summarizes the findings of the growing empirical literature on this subject and uses it to assess economic models of career development. The literature finds large initial effects on earnings, labor supply, and wages that tend to fade after ten to fifteen years in the labor market, and that are accompanied by changes in occupation, job mobility, and employer characteristics. Adverse initial labor market entry also has persistent effects on a range of social outcomes, including timing and completed fertility, marriage and divorce, criminal activities, attitudes, and risky alcohol consumption. There is also evidence that early exposure to depressed labor market lowers health and raises mortality in middle age, patterns accompanied by a reopening of earnings gaps." (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2021/2