| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13481 |
| DP13481 The Ins and Outs of Labor Force Participation | |
| Régis Barnichon | |
| 发表日期 | 2019-01-23 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | In this note, I decompose LFPR movements into the contributions of the inflows into participation --the Ins-- and the outflows out of participation --the Outs--. Contrary to conventional wisdom, movements in the outflow rate account for most of the variation of the labor force participation rate: the LFPR increases in tight labor markets because fewer workers leave the labor force, not because more nonparticipants enter. The cyclicality of the outflow rate is in turn mechanically driven by a composition effect: in tight labor markets, job seekers find jobs faster and as a result become less likely to leave the labor force. |
| 主题 | Monetary Economics and Fluctuations |
| URL | https://cepr.org/publications/dp13481 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542295 |
| 推荐引用方式 GB/T 7714 | Régis Barnichon. DP13481 The Ins and Outs of Labor Force Participation. 2019. |
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