Kill it with fire @graykimbrough
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The employment rate of men ages 25 to 29 has gone up 1.6 pp since the first version of the Hurst et al study was published in Sept 2016. https://www.ssc.wisc.edu/~nwilliam/Econ702_files/abch.pdf …
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Yeah the real question is why male lfpr dropped in 1950-80, not recently.
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Another one is why nobody cares about female LFP.
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On the contrary it's rise in 1950-80 presents an interesting contrast
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Long run labor supply stories are interesting in their own right. But this post is about 1996-2016, and Hurst et all is about post-2000. Like I was telling Winship earlier, I think if you're going to talk about weak labor supply of men in 2018, you should note the current context
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My pet theory is that a decent chunk of the fall in male EPOP can be explained by the rise in female EPOP and the resulting shift in household work arrangements. When you look at the extensive margin of household labor, it's seen far less of a dramatic decline than men only.pic.twitter.com/00aDRhGk1c
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This would basically mean a lot more house-husbands (or equivalent).
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perhaps the great recession played some role.
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I’m wondering if Japan might be a good comparison study on this subject. Japan seems to be a good ways ahead of us on this: ie, falling marriage rates and birth rates. Very deflationary. No signs yet of the feedback mechanisms to reverse the trend.
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