Academic Journal

The Impact of the Retirement Slowdown on the US Youth Labor Market.

التفاصيل البيبلوغرافية
العنوان: The Impact of the Retirement Slowdown on the US Youth Labor Market.
المؤلفون: Mohnen, Paul1 (AUTHOR)
المصدر: Journal of Labor Economics. Jan2025, Vol. 43 Issue 1, p203-246. 44p.
مصطلحات موضوعية: *YOUNG workers, *YOUNG consumers, *OCCUPATIONAL mobility, *LABOR market, *RETIREMENT, AGE differences
مستخلص: Exploiting cross–commuting zone differences in age composition among the old, this paper estimates the impact of retirements on youth labor market outcomes over the period 1980–2017. In commuting zones where fewer workers retire because of the initial age structure, there is no evidence of significant effects on youth employment, but the share of younger workers in high-skill jobs declines, while the share of younger workers in low-skill jobs rises. Fewer retirements also leads to declining youth wages and lower job mobility. This suggests that the retirement slowdown in recent decades has contributed to deteriorating early-career outcomes. [ABSTRACT FROM AUTHOR]
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قاعدة البيانات: Business Source Index
الوصف
تدمد:0734306X
DOI:10.1086/725874