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Decomposing Changes in the Aggregate Labor Force Participation RateJulie L. HotchkissFederal Reserve Bank of Atlanta; Georgia State University - Department of Economics March 2009 Federal Reserve Bank of Atlanta Working Paper 2009-6 Abstract: This paper presents a simple methodology for decomposing changes in the aggregate labor force participation rate (LFPR) over time into demographic group changes in labor force participation behavior and in population share. The purpose is to identify the relative importance of behavioral changes and population changes as driving forces behind changes in the aggregate LFPR.
Number of Pages in PDF File: 10 Keywords: labor force participation, decomposition, forecasting JEL Classification: J11, J21, E24 working papers seriesDate posted: July 13, 2009Suggested CitationContact Information
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