"Our findings suggest that experience effects can turn short-run declines in labor demand into long-run declines in labor supply."
Research indicates that men's departure from the labor force is influenced by children witnessing the struggles of adult males around them. This observation suggests that initial short-term reductions in labor demand can transform into persistent, long-term declines in labor…
Market Samachar is a news aggregator. This article was originally published by Fortune. Tap the button above to read the full story on their site.