Monday, November 23, 2015

Business cycle for men

Ok, this was startling:

When we worry about the business cycle, is this just a case of a men's problem being considered a national problem?

There's probably a lot more to this (this was just my instant reaction), but prima facie it is pretty startling.

2 comments:

  1. My intuition here is that women choose to leave the labor force instead of entering unemployment (job search). Male and female employment population ratios seem to back me up: https://www.dropbox.com/s/vatkxvudlqyriou/Male%20vs.%20Female%20Employment.png?dl=0 (Data from Fred, as usual)

    ReplyDelete
    Replies
    1. That seems like a very plausible mechanism to account for the difference ...

      Delete

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