Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/193220 
Year of Publication: 
2018
Series/Report no.: 
IZA Discussion Papers No. 11926
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
This paper studies the differential persistent effects of initial economic conditions for labor market entrants in the United States from 1976 to 2015 by education, gender, and race using labor force survey data. We find persistent earnings and wage reductions especially for less advantaged entrants that increases in government support only partly offset. We confirm the results are unaffected by selective migration and labor market entry by also using a double-weighted average unemployment rate at labor market entry for each birth cohort and state-of-birth cell based on average state migration rates and average cohort education rates from Census data.
Subjects: 
job market entry
recessions
unemployment
long-term effects
JEL: 
J2
J3
J6
Document Type: 
Working Paper

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