Labor Market Competition among Youths, White Women, and Others
James H. Grant, Daniel S. Hamermesh
NBER Working Paper No. 519 (Also Reprint No. r0204)
We estimate substitution possibilities among a set of age-race-sex groups in the labor force. The estimates are based on cross-section data from SMSAs in 1969,and they allow us to consider how substitutable adult women are for young women or young men. The estimates are used, along with assumptions about the extent of wage rigidity and elasticities of labor supply, to simulate the direct and indirect effects of the growth of the female labor force on job opportunities for youth, assuming rigid wages for young workers, and on the wage rates of adult males, assuming these wages are flexible.
Published: Grant, James H. and Hamermesh, Daniel S. "Labor Market Competition among Youths, White Women, and Others." The Review of Economics and Statistics, Vol . LXIII, No. 3, (August 1981), pp. 354-360.