Economic Inactivity of Young Adults: An Intergenerational Analysis
Levy Economics Institute Working Paper No. 107
33 Pages Posted: 27 Jan 1999
Date Written: March 1994
Abstract
Joblessness among American youth, particularly among non-whites, has become an issue of increasing national concern. Unemployment rates among such groups, even when adjusted for macroeconomic events such as recessions, continued to rise throughout the post-war period. Statistics also appear to support concerns voiced about economic inactivity rates among females for whom dependence on welfare benefits may have replaced work effort. In this working paper, Haveman and Wolfe examine the available data in order to analyze the incidence of economic inactivity among young adults and the extent to which social and parental choices can explain these behaviors.
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