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Joblessness and Gender - 2/15/16

A new study led by Stanford economist Raj Chetty and Harvard’s Nathaniel Hendren finds that boys in the bottom quintile of the income distribution are more likely to spiral into joblessness and crime than girls.  While men are associated with higher pay and are more likely to work, boys who grow up in high poverty, high minority, and crime stricken areas end up working significantly less than girls. 

The finding is based on an examination of tax records for roughly ten million Americans born between nineteen eighty and nineteen eighty two.  As reported in the Wall Street Journal, men raised in low-income families fare worse than women along other dimensions as well, including college attendance.  The researchers focused on one hundred populous counties and commuting zones. 

Gender differences in employment rates for children with low income parents were particularly large in communities like Richmond, Virginia and Memphis, Tennessee.  Professor Chetty’s previous research has supported proposals to help families move away from tough neighborhoods and underperforming schools in order to increase the likelihood of entering the middle class.

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.