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Author: Binder, Ariel J.
Resulting in 2 citations.
1. Binder, Ariel J.
Essays on Marriage and Labor Markets
Ph.D. Dissertation, Department of Economics, University of Michigan, 2020
Cohort(s): NLSY79
Publisher: ProQuest Dissertations & Theses (PQDT)
Keyword(s): Employment; Labor Market Demographics; Marriage; Modeling, Structural Equation

Permission to reprint the abstract has not been received from the publisher.

This dissertation explores relationships between American marriage and labor markets. It reveals new channels through which changing marriage-and-family arrangements have affected the evolution of labor market behaviors across gender and education subgroups. Its results help define the current landscape of labor and marriage inequality in the United States, and inform current debates over policies to promote job and family security.

The first chapter presents a model in which young men find employment to enhance their value as marriage partners. When the effect of employment on marital value declines, young men's employment declines as well, in preparation for a less favorable marriage market. Taking this prediction to U.S. data, I estimate that fewer young men sought employment after 2 interventions that reduced the value of gender-role-specialization within marriage: i) the adoption of unilateral divorce legislation, and ii) demand-driven improvements in women's employment opportunities. I then use a structural estimation of the model to investigate interaction between the marriage market and male labor market shocks. Simulations find that the indirect effect of a negative shock to wages on young men's employment, operating through the marriage market, is nearly as large as the direct effect that operates purely through the labor market. These findings highlight the changing marriage market as an important driver of secular decline in young men's labor market involvement.

Bibliography Citation
Binder, Ariel J. Essays on Marriage and Labor Markets. Ph.D. Dissertation, Department of Economics, University of Michigan, 2020.
2. Binder, Ariel J.
Bound, John
The Declining Labor Market Prospects of Less-Educated Men
NBER Working Paper No. 25577, National Bureau of Economic Research, February 2019.
Cohort(s): NLSY79, NLSY97
Publisher: National Bureau of Economic Research (NBER)
Keyword(s): Educational Attainment; Labor Force Participation; Labor Market Outcomes; Male Sample; Marriage; Wage Growth

Over the last half century, U.S. wage growth stagnated, wage inequality rose, and the labor-force participation rate of prime-age men steadily declined. In this article, we examine these labor market trends, focusing on outcomes for males without a college education. Though wages and participation have fallen in tandem for this population, we argue that the canonical neo-classical framework, which postulates a labor demand curve shifting inward across a stable labor supply curve, does not reasonably explain the data. Alternatives we discuss include adjustment frictions associated with labor demand shocks and effects of the changing marriage market--that is, the fact that fewer less-educated men are forming their own stable families--on male labor supply incentives.

Our observations lead us to be skeptical of attempts to attribute the secular decline in male labor-force participation to a series of separately-acting causal factors. We argue that the correct interpretation probably involves complicated feedback between falling labor demand and other factors which have disproportionately affected men without a college education.

Bibliography Citation
Binder, Ariel J. and John Bound. "The Declining Labor Market Prospects of Less-Educated Men." NBER Working Paper No. 25577, National Bureau of Economic Research, February 2019.