Attention Economy


Thursday, February 9, 2023

Sociology Meets Economics

What’s the Matter with Men?
They’re floundering at school and in the workplace. Some conservatives blame a crisis of masculinity, but the problems—and their solutions—are far more complex.
https://www.newyorker.com/magazine/2023/01/30/whats-the-matter-with-men
Idrees Kahloon:
Many social scientists agree that contemporary American men are mired in malaise, even as they disagree about the causes. In academic performance, boys are well behind girls in elementary school, high school, and college, where the sex ratio is approaching two female undergraduates for every one male. (It was an even split at the start of the nineteen-eighties.) … Men are increasingly dropping out of work during their prime working years, overdosing, drinking themselves to death, and generally dying earlier, including by suicide.
 
Why Did So Many US Men Quit Working? Social Status May Hold the Key, Study Says
https://www.bloomberg.com/news/articles/2022-12-07/why-did-so-many-us-men-quit-working-social-status-may-hold-key-new-study-says
 
Wage Inequality and the Rise in Labor Force Exit: The Case of US Prime-Age Men by Pinghui Wu
Abstract
Data indicate that more frequent labor force exit among men without a four-year college degree has been driving the decline in the US prime-age (25 to 54) men’s labor force participation rate over the last 40 years. At the same time, non-college men’s earnings measured as a share of the average earnings of all prime-age workers have fallen by more than 30 percent since 1980. In light of these parallel trends, this paper investigates whether prime-age noncollege men are more inclined to leave the labor force when their expected earnings fall relative to the earnings of other workers in their labor market. The empirical model takes into account that a job not only provides economic security but also affirms a worker’s social status, which is tied to their position relative to their age-range peers. The sample consists of state-occupation-level panel data on labor force exit rates, occupation earnings, and job loss risk matched with information on the state-level earnings distribution and a set of state socioeconomic controls over the period 1980 through 2019.
 
Related:
https://vivekjayakumar.blogspot.com/2022/11/men-in-trouble.html