The effects of age-distribution shifts on unemployment in the U.S. are larger than a mechanical shift-share model predicts, indicating amplifying indirect effects.
Notes on verification
Multiple independent central bank sources (Boston Fed, Cleveland Fed) and SSRN abstract corroborate the exact finding using nearly identical language, confirming the claim accurately reflects the paper's conclusions. [tier=gold indep_score=0.867 clusters=3 claim_tier=notable]
Sources
- The Impact of the Age Distribution on Unemployment (seed:relationships_and_lifestyle)
- https://www.clevelandfed.org/publications/working-paper/2022/wp-2227-the-impact-of-the-age-distribution-on-unemployment (corroboration)
- https://www.bostonfed.org/publications/research-department-working-paper/2022/the-impact-of-the-age-distribution-on-unemployment-evidence-from-us-states.aspx (corroboration)
- https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4251580 (corroboration)