Korenman, Sanders, and David Neumark. "Cohort Crowding and Youth Labor Markets: A CrossNational Analysis." In David Blanchflower, and Richard Freeman, eds., Youth Employment and Joblessness in Advanced Countries (Chicago: University of Chicago Press, 2000), 57-- 105. Home/Search Document Not in Database Summary Related Articles |
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The Impact Of Young Workers On The Aggregate Labor Market - Shimer (2000) (Correct)
....Labor Market Robert Shimer boom. Second, if young and prime age workers are complements in production, the baby boom may have simply reduced the prime age unemployment rate. If that is the case, the indirect effects of the baby boom at least partially offset the direct effects. Recent work by Korenman and Neumark [2000] addresses the first issue by using time series data on unemployment rates for 15 countries. They look at the relative unemployment rate of young and prime age workers in an effort to muffle the noise introduced by country specific macroeconomic shocks, and find that an increase in the youth share ....
....the job destruction rate by 0.8 percent. The final task is to try to reconcile the findings of this paper with the existing cohort crowding literature on the relationship between the youth share of the population and the youth unemployment rate. The results presented here sharply contrast with Korenman and Neumark s [2000] conclusion from their review of the literature that there seems to be evidence of an adverse effect of 3 The Impact of Young Workers on the Aggregate Labor Market Robert Shimer cohort size on youth unemployment, employment, and wages across a number of countries. One difference between this ....
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Korenman, Sanders, and David Neumark. "Cohort Crowding and Youth Labor Markets: A CrossNational Analysis." In David Blanchflower, and Richard Freeman, eds., Youth Employment and Joblessness in Advanced Countries (Chicago: University of Chicago Press, 2000), 57-- 105.
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