Labor Supply and Household Dynamics

2014 ◽  
Vol 104 (5) ◽  
pp. 354-359 ◽  
Author(s):  
Maurizio Mazzocco ◽  
Claudia Ruiz ◽  
Shintaro Yamaguchi
Keyword(s):  
Labor Supply ◽  
Marital Status ◽  
Panel Study ◽  
Collective Model ◽  
Income Dynamics ◽  
Collective Models ◽  
Household Dynamics ◽  
Household Decisions ◽  
Individual Welfare ◽  
Over Time

Using the Panel Study of Income Dynamics, we provide evidence that to understand household decisions and evaluate policies designed to affect individual welfare, it is important to add an intertemporal dimension to the by-now standard static collective models of the household. Specifically, we document that the observed differences in labor supply by gender and marital status do not arise suddenly at the time of marriage, but rather emerge gradually over time. We then propose an intertemporal collective model that has the potential of explaining the observed patterns.

The Persistent Black-White Gap in and Weakening Link between Expecting to Move and Actually Moving

2017 ◽  
Vol 4 (3) ◽  
pp. 353-370 ◽  
Author(s):  
Thomas B. Foster
Keyword(s):  
Panel Study ◽  
Income Dynamics ◽  
Black And White ◽  
Socioeconomic Resources ◽  
Racial Gaps ◽  
Relative Inability ◽  
Predictive Relationship ◽  
Actual Mobility ◽  
Over Time ◽  
Do So

This paper leverages four decades of longitudinal data from the Panel Study of Income Dynamics to document Black-White gaps in the translation of mobility expectations into actual mobility, track those racial gaps over time in the context of declining mobility among all Americans, and identify a substantial weakening in the ability of both Black and White householders to move when they expect to. Results show a substantial racial gap in the realization of mobility expectations with foundations in the relative inability of Black householders to leverage socioeconomic resources in segmented housing markets. There is no indication of significant improvement or growth in this gap over time. While householders’ expressed expectations are the best predictor of future mobility, this predictive relationship has weakened significantly since 1970, primarily because of a decline in mobility among expectant householders. Trends in the expectation of mobility offer support for the notion that declining mobility is indicative of voluntary “rootedness” among Whites but also suggest that a substantial share of Americans (and Blacks in particular) are increasingly likely to be “stuck” expecting to move but unable to do so.

Food insecurity in the PSID: A comparison with the levels, trends, and determinants in the CPS, 1999–2017

2021 ◽  
pp. 1-36
Author(s):  
Laura Tiehen ◽  
Cody N. Vaughn ◽  
James P. Ziliak
Keyword(s):  
Food Insecurity ◽  
Population Survey ◽  
Panel Study ◽  
Well Being ◽  
Income Dynamics ◽  
Adequate Food ◽  
Trends Over Time ◽  
Research Questions ◽  
The U.S ◽  
Over Time

Food insecurity, defined as a condition of limited or uncertain access to adequate food, is a widely used measure of well-being in the U.S. The survey module in the Current Population Survey (CPS) that is used to generate the official U.S. food insecurity measure is also included on multiple waves of the Panel Study of Income Dynamics (PSID), offering the first opportunity to answer key research questions on the persistence of food insecurity within and across generations. We assess the validity of the food insecurity measure in the PSID by comparing it to the CPS. We find that, although estimated food insecurity rates in the PSID are lower than those in the CPS, the trends over time in the two datasets are similar, and the rates converge from the 1999–2003 period to the 2015–17 period. Our findings lend credence to the use of the PSID for food insecurity research.

scholarly journals Loved and lost or never loved at all? Lifelong marital histories and their links with subjective well-being

2020 ◽  
Author(s):  
Mariah Purol ◽  
Victor N. Keller ◽  
Jeewon Oh ◽  
William J. Chopik ◽  
Richard E. Lucas
Keyword(s):  
Sequence Analysis ◽  
Marital Status ◽  
Panel Study ◽  
Later Life ◽  
Well Being ◽  
Subjective Well Being ◽  
Income Dynamics ◽  
Single Group ◽  
Group 13 ◽  
Sequence Types

Marriage has been linked to higher well-being. However, previous research has generally examined marital status at one point in time or over a relatively short window of time. In order to determine if different marital histories have unique impacts on well-being in later life, we conducted a marital sequence analysis of 7,532 participants from the Panel Study of Income Dynamics (54.2% women; Mage = 66.68, SD = 8.50; 68.7% White/Caucasian). Three different marital sequence types emerged: a “consistently-married” group (79%), a “consistently-single” group (8%), and a “varied histories” group (13%), in which individuals had moved in and out of various relationships throughout life. The consistently-married group was slightly higher in well-being at the end of life than the consistently-single and varied histories groups; the latter two groups did not differ in their well-being. The results are discussed in the context of why marriage is linked to well-being across the lifespan.

Labor Supply Adjustment over the Business Cycle

ILR Review ◽  
1981 ◽  
Vol 34 (4) ◽  
pp. 591-595
Author(s):  
Donald A. Larson
Keyword(s):  
Business Cycle ◽  
Labor Supply ◽  
Panel Study ◽  
Recovery Phase ◽  
Rapid Response ◽  
Income Dynamics ◽  
Supply Response ◽  
Hours Of Work ◽  
The Business Cycle ◽  
Severe Recession

This study extends one by Kalachek, Raines, and Larson (in the April 1979 Review) of the speed with which labor supply adjusts to changes in demand. The present study uses data from the Panel Study of Income Dynamics that permit a more precise appraisal of whether the speed of supply response varies over the business cycle. Analysis of data for the period 1972–76, during which a severe recession occurred, shows, as predicted, that as unemployment increases workers are less able to adjust their hours of work in response to changes in their health, wages, and other factors that determine desired work levels. The author also finds, however, that the more rapid response of supply in the recovery phase makes peak-to-peak adjustment relatively complete.

Recent Trends in Earnings Volatility: Evidence from Survey and Administrative Data

2012 ◽  
Vol 12 (2) ◽  
Author(s):  
Sule Celik ◽  
Chinhui Juhn ◽  
Kristin McCue ◽  
Jesse Thompson
Keyword(s):  
Panel Study ◽  
Household Survey ◽  
Program Participation ◽  
Income Dynamics ◽  
Earnings Volatility ◽  
Administrative Dataset ◽  
Household Dynamics ◽  
Clear Explanation ◽  
Recent Trends ◽  
Household Survey Data

Abstract Recent papers find that earnings volatility is again on the rise (Dynan et al. 2008, and Shin and Solon 2011). Using household survey data—the matched Current Population Surveys and Survey of Income and Program Participation—and the newly available Longitudinal Employment and Household Dynamics administrative dataset, we find that earnings volatility was remarkably stable in the 1990s and through the mid 2000s. This evidence is in contrast to that from the Panel Study of Income Dynamics (PSID) which registers a sharp increase in the early 2000s. We investigate whether adjusting measures based on our sources to more closely match the characteristics of the PSID can reconcile this divergence in trends, but do not find a clear explanation for the divergence. We also find little evidence of a rise over this period in the components of volatility: volatility among job leavers, volatility among job stayers, and the fraction of workers who are job leavers.

Hesitating at the Altar

2017 ◽  
Vol 46 (5) ◽  
pp. 743-763 ◽  
Author(s):  
Nick Frazier ◽  
Margaret McKeehan
Keyword(s):  
Marital Status ◽  
Panel Study ◽  
Income Dynamics ◽  
Percentage Points ◽  
Marriage Tax ◽  
The Us ◽  
Using Data ◽  
Tax Filing

This article provides evidence that the US tax code’s dependence on marital status continues to generate an implicit marriage tax and distort marital decisions. By looking at the timing of marriage rather than the decision to marry, we capture a specific distortion while allowing for heterogeneity in other costs of marriage. Using data on couples from the Panel Study on Income Dynamics between 1986 and 2011, we find that a 1 percent rise in the size of the marriage tax relative to a couple’s income increases the probability of delay by 1.2 percentage points. We further demonstrate the robustness of this result across a variety of alternative specifications and assumptions regarding tax-filing behavior.

scholarly journals The Long-Term Economic Impact of Criminalization in American Childhoods

2018 ◽  
Vol 65 (3) ◽  
pp. 422-444 ◽  
Author(s):  
James P. Smith
Keyword(s):  
Criminal Justice ◽  
Justice System ◽  
Panel Study ◽  
Cohort Effects ◽  
Rapid Rate ◽  
Income Dynamics ◽  
Birth Cohorts ◽  
Demographic Subgroups ◽  
Over Time

This article documents arrest and conviction histories before age 26 years of Panel Study of Income Dynamics (PSID) respondents using a retrospective module that I designed. I find strong positive cohort effects in rising probabilities of arrest for all demographic subgroups. This increased contact with the criminal justice system across birth cohorts was at a more rapid rate over time among Whites and women. These rising rates of arrests and convictions are associated with lower probabilities of being married, lower weeks worked, lower hourly wages, and lower family incomes during the adult years. The size of the estimated associations is quite large.

A Downward Spiral? A Panel Study of Misinformation and Media Trust in Chile

2021 ◽  
pp. 194016122110252
Author(s):  
Sebastián Valenzuela ◽  
Daniel Halpern ◽  
Felipe Araneda
Keyword(s):  
News Media ◽  
Panel Study ◽  
Future Research ◽  
Panel Survey ◽  
Downward Spiral ◽  
The Media ◽  
Media Trust ◽  
People’S Attitudes ◽  
Over Time

Despite widespread concern, research on the consequences of misinformation on people's attitudes is surprisingly scant. To fill in this gap, the current study examines the long-term relationship between misinformation and trust in the news media. Based on the reinforcing spirals model, we analyzed data from a three-wave panel survey collected in Chile between 2017 and 2019. We found a weak, over-time relationship between misinformation and media skepticism. Specifically, initial beliefs on factually dubious information were negatively correlated with subsequent levels of trust in the news media. Lower trust in the media, in turn, was related over time to higher levels of misinformation. However, we found no evidence of a reverse, parallel process where media trust shielded users against misinformation, further reinforcing trust in the news media. The lack of evidence of a downward spiral suggests that the corrosive effects of misinformation on attitudes toward the news media are less serious than originally suggested. We close with a discussion of directions for future research.

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