Wall, Howard J. (2018): Sex and the Business Cycle.
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Abstract
This paper estimates the differences between the sexes in the depths, lengths, timing, and overall effects of recessions in the United States. I find that, prior to the mid-1980s, recessions had roughly the same effects on male and female employment growth, but that male employment stayed in recession for longer. Since then, however, recessions have hit male employment much harder per month, although female employment suffered longer recessions. Accounting for the sex-specific timing of recessions, as well as for forgone employment growth, (1) the negative effects of recessions on both male and female employment are much larger than is usually found and (2) male employment is hit relatively harder by recessions, although the difference between the sexes is much smaller than the previous literature indicates.
Item Type: | MPRA Paper |
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Original Title: | Sex and the Business Cycle |
Language: | English |
Keywords: | Keywords: gender differences, business cycles, employment cycles, jobless recovery |
Subjects: | E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations ; Cycles J - Labor and Demographic Economics > J1 - Demographic Economics > J16 - Economics of Gender ; Non-labor Discrimination |
Item ID: | 89716 |
Depositing User: | Howard J. Wall |
Date Deposited: | 30 Oct 2018 00:43 |
Last Modified: | 29 Sep 2019 18:27 |
References: | References Bredemeier, C., Juessen, F., Winkler, R., 2017. Man-cessions, fiscal policy, and the gender composition of employment. Economics Letters. 158, 73-76. Bredemeier, C., Winkler, R., 2017. The employment dynamics of different population groups over the business cycle. Applied Economics. 49(26), 2545-2562. Bryan, M., Longhi, S., 2017, Couples’ labor supply responses to job loss: Growth and recession compared. The Manchester School. 86(3), 333-357. Chauvet, M., Piger, J., 2013. Employment and the business cycle. The Manchester School. 81(S2), 16-42. Christensen, K., 2015. He-cession? She-cession? The gendered impact of the Great Recession in the United States. Review of Radical Political Economics. 47(3), 368-388. Duvvury, N., Finn, C., 2014. ‘Man-covery’: Recession, labor market, and gender relations in Ireland. Gender, Sexuality & Feminism. 1(2), 59-81. Engemann, K.M., Wall, H.J., 2010. The effects of recessions across demographic groups. Federal Reserve Bank of St. Louis Review. 92(1), 1-26. Fodor, E., Nagy, B., 2014. An ebbing tide lowers all boats. Revue de l’OFCE. 133, 121-151. Hamilton, J.D., 1989. A new approach to the economic analysis of nonstationary time series and the business cycle. Econometrica. 57, 357-384. Hoynes, H., Miller, D.L., Schaller, J., 2012. Who suffers during recessions? Journal of Economic Perspectives. 26(3), 27-47. Kim, C.J., Nelson, C.R., 1999, State-Space Models with Regime Switching: Classical and Gibbs-Sampling Approaches with Applications, MIT Press, Cambridge. Nyberg, A., 2014. Women and men’s employment in the recessions of the 1990s and 2000s in Sweden. Revue de l’OFCE. 133, 303-334. Peiro, A., Belaire-Franch, J., Gonzalo, M.T., 2012. Unemployment, cycle, and gender. Journal of Macroeconomics. 34(4), 1167-1175. Piger, J., 2009. Econometrics–Models of regime changes, Encyclopedia of Complexity and System Science, Springer, New York, 2744-2757. Razzu, G., Singleton, C, 2016. Gender and the business cycle: A stocks and flows analysis of US and UK labor market states. Journal of Macroeconomics. 47(Part B), 131-146. Rubery, J., 1988. Women and Recession, Routledge, New York. Rubery, J., Rafferty, S., 2013. Women and recession revisited. Work, Employment and Society. 27(3), 414-432. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/89716 |
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