Decomposing Changes in the Aggregate Labor Force Participation Rate
Julie L. Hotchkiss
Federal Reserve Bank of Atlanta; Georgia State University - Department of Economics
Federal Reserve Bank of Atlanta Working Paper 2009-6
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, E24working papers series
Date posted: July 13, 2009
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