Journal Article
A Cohort Model of Labor Force Participation
Abstract: We estimate a trend in the aggregate labor force participation rate using the age-gender and the birth cohort effects in the labor force participation rates of different demographic groups and the actual demographic composition of the population. We find that, in 2012, the aggregate labor force participation rate is close to its trend.
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Bibliographic Information
Provider: Federal Reserve Bank of Richmond
Part of Series: Economic Quarterly
Publication Date: 2013
Issue: 1Q
Pages: 25-43