Decline of Male Labor Market Participation: The Role of Declining Market Opportunities
利用1967-1987年当前人口调查数据，发现美国壮年男性劳动参与率持续下降，低教育、低工资群体尤甚；工资变化可解释1970年代初以来白人就业下降的大部分和黑人就业下降的一半。
This paper uses micro data from the Current Population Surveys to document the secular decline in labor market activity among prime age men from 1967 to 1987. Declines in employment occur at all ages but are found to be particularly severe among less-educated and low-wage men. Information on the cross-section wage-employment relationship and on actual wage changes indicates that the initial fall in employment from the late 1960s to the early 1970s is entirely attributable to falling labor supply whereas since the early 1970s, wage changes predict most of the decline in employment for whites and approximately half of the decline for blacks.