Delete comment from: Captain Capitalism
Corroborating evidence: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3795585
Abstract:
Why have so many young men left the U.S. workforce? This paper develops a model in which men earn a marriage market return on past employment. It hypothesizes that this return declined as gender-role-specialized marriage became a less efficient arrangement. It establishes causal evidence for this hypothesis by identifying two shocks that lowered the returns to gender role specialization: growth in female employment opportunities across U.S. commuting zones from 1980-2016, and unilateral divorce regime transitions across U.S. states in the 1970s. These shocks reduce marriage and labor-force participation (LFP) among young men without college and can account for 1/4 of their long-run LFP decline. Policy implications of these results are discussed.
Oct 16, 2021, 1:35:11 AM
Posted to What If Women Just Don't Like Men: The Economic Consequences of Women's Divestment from Men