[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 470 [Publisher:] Institute of Labor Economics (IZA) [Place:] Bonn [Year:] 2019
Institute of Labor Economics (IZA), Bonn
In the context of growing worldwide inequality, it is important to know what happens when the demand for low-skilled workers changes. Because natural resource shocks are global in nature, but have highly localized impacts on labor prospects in resource extraction areas, they offer a unique opportunity to evaluate low-skilled men's behavior when faced with extreme variations in local labor market conditions. This situation can be utilized to evaluate a broad range of outcomes, from education and income, to marital and fertility status, to voting behavior.