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Differential effects of graduating during a recession across gender and race

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  • Ayako Kondo

Abstract

This study examines the differential effects of the unemployment rate at labor market entry, defined as the time of leaving school, on subsequent wages across gender and race using the National Longitudinal Survey of Youth 79. Results suggest that the negative effect of a recession at entry on wages is weaker for women. The differences between blacks and whites are not statistically significant for both genders. These results are robust to controlling for the endogenous timing and location of entry, using an instrumental variable based on the predicted year of graduation and the state of residence at age 14. JEL codes: J01, J14, J16. Copyright Kondo. 2015

Suggested Citation

  • Ayako Kondo, 2015. "Differential effects of graduating during a recession across gender and race," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-24, December.
  • Handle: RePEc:spr:izalbr:v:4:y:2015:i:1:p:1-24:10.1186/s40172-015-0040-6
    DOI: 10.1186/s40172-015-0040-6
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    More about this item

    Keywords

    Gender; Race; Recession at entry;
    All these keywords.

    JEL classification:

    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination

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