The rise of the added worker effect

被引:14
作者
Mankart, Jochen [1 ]
Oikonomou, Rigas [2 ]
机构
[1] Deutsch Bundesbank, Frankfurt, Germany
[2] UC Louvain, Louvain La Neuve, Belgium
关键词
Heterogeneous agents; Family self insurance; Dual earner; Unemployment; Labor market search; LABOR-FORCE PARTICIPATION; UNEMPLOYMENT;
D O I
10.1016/j.econlet.2016.03.019
中图分类号
F [经济];
学科分类号
02 ;
摘要
We document that the added worker effect (AWE) has increased over the last three decades. We develop a search model with two earner households and we illustrate that the increase in the AWE from the 1980s to the 2000s can be explained through (i) the narrowing of the gender pay gap, (ii) changes in the frictions in the labor market and (iii) changes in the labor force participation costs of married women. (C) 2016 Elsevier B.V. All rights reserved.
引用
收藏
页码:48 / 51
页数:4
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