Replication data for: Flow Origins of Labor Force Participation Fluctuations

Principal Investigator(s): View help for Principal Investigator(s) Michael Elsby; Bart Hobijn; Fatih Karahan; Gizem Koşar; Ayşegül Şahin

Version: View help for Version V1

Name	File Type	Size	Last Modified
replication			10/13/2019 01:35:AM
LICENSE.txt	text/plain	14.6 KB	10/12/2019 09:35:PM

Project Citation:

Elsby, Michael, Hobijn, Bart, Karahan, Fatih, Kosar, Gizem, and Sahin, Aysegül. Replication data for: Flow Origins of Labor Force Participation Fluctuations. Nashville, TN: American Economic Association [publisher], 2019. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114518V1

Project Description

Summary: We investigate the origins of cyclical and trend movements in the labor force participation rate (LFPR) using a three-state flow decomposition. The procyclicality of LFPR can be traced to cyclical flows between employment and unemployment. By contrast, labor force entry and exit explain virtually all of the trend movements. Among men, rising labor force exit rates account for two-thirds of the trend decline in male LFPR since the 1990s. For women, trend increases in female LFPR during the 1990s were dominated by declining exit rates, while the trend decline since the Great Recession can be traced to declining entry rates.

Scope of Project

JEL Classification:
      E24 Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
      E32 Business Fluctuations; Cycles
      J22 Time Allocation and Labor Supply

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V1 [2019-10-13]

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