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Title: Using natural resource shocks to study economic behavior

Citation Type: Miscellaneous

Publication Year: 2019

Abstract: In the context of growing worldwide inequality, it is important to know what happens when the demand for low-skilled workers changes. Because natural resource shocks are global in nature, but have highly localized impacts on labor prospects in resource extraction areas, they offer a unique opportunity to evaluate low-skilled men's behavior when faced with extreme variations in local labor market conditions. This situation can be utilized to evaluate a broad range of outcomes, from education and income, to marital and fertility status, to voting behavior.

Url: https://econpapers.repec.org/article/izaizawol/journl_3a2019_3an_3a470.htm

User Submitted?: No

Authors: Black, Dan A.

Publisher: IZA World of Labor

Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure

Countries: United States

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