Abstract

American families are experiencing the effects of the “Great Recession.” Most of the job losses are accruing to men, so families may find it strategic for wives to enter the labor force, or increase their work hours. We consider this possibility using the May 2008 and 2009 Current Population Survey, and compare findings to May 2004 and 2005 data, a time of relative prosperity. We find that wives of husbands who stopped working during the recession were more likely to increase work hours, and more likely to commence or seek work. During the Great Recession years, the effect for wives entering the labor force is significantly greater than during the earlier years of relative prosperity.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.