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Author:Cheng, Ing-Haw 

Journal Article
The effect of the run-up in the stock market on labor supply

This article presents estimates of the effect of the run-up in the stock market on labor supply. The authors find that, in the absence of a run-up in the stock market, aggregate labor force participation rates would have been about 1 percent higher than they are today.
Economic Perspectives , Volume 25 , Issue Q IV , Pages 48-65

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