Declining labor force attachment and downward trends in unemployment and participation
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- dc.contributor.author Barnichon, Régisca
- dc.contributor.author Figura, Andrewca
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2017-07-26T10:50:14Z
- dc.date.available 2017-07-26T10:50:14Z
- dc.date.issued 2013-10-01
- dc.date.modified 2017-07-23T02:15:53Z
- dc.description.abstract The US labor market witnessed two apparently unrelated secular movements in the last 30 years: a decline in unemployment between the early 1980s and the early 2000s, and a decline in participation since the early 2000s. Using CPS micro data and a stock- flow accounting framework, we show that a substantial, and hitherto unnoticed, factor behind both trends is a decline in the share of nonparticipants who are at the margin of participation. A lower share of marginal nonparticipants implies a lower unemployment rate, because marginal nonparticipants enter the labor force mostly through unemployment, while other nonparticipants enter the labor force mostly through employment.
- dc.format.mimetype application/pdfca
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1397
- dc.identifier.uri http://hdl.handle.net/10230/21220
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 1397
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword marginal participant
- dc.subject.keyword want a job
- dc.subject.keyword stock-flow decomposition.
- dc.subject.keyword Macroeconomics and International Economics
- dc.title Declining labor force attachment and downward trends in unemployment and participationca
- dc.type info:eu-repo/semantics/workingPaper