Labour force participation and the business cycle: a comparative analysis of France, Japan, Sweden and the United States

J. Darby, R.A. Hart, M. Vecchi

Research output: Contribution to journalArticle

22 Citations (Scopus)

Abstract

This paper investigates the cyclical responsiveness of participation in the labour force. We examine systems of equations, disaggregated by age and gender, for France, Japan, Sweden and the US, using data from the OECD Labour Force Statistics, 1970-1995. We use measures of country specific business cycles following Harvey and Jaeger (1993) and test for asymmetric responses of participation to expansionary and contractionary phases of the cycle. Our results show that discouraged worker effects are prevalent. These effects are strongest in the downward phase of the cycle and are essentially a female phenomenon, with a particular concentration among 45-54 year olds.
LanguageEnglish
Pages113-133
Number of pages20
JournalJapan and the World Economy
Volume13
Issue number2
DOIs
Publication statusPublished - 2001

Fingerprint

labor force participation
business cycle
labor force statistics
Sweden
Japan
France
participation
labor force
OECD
worker
gender
Labor force participation
Labor force
Comparative analysis
Participation
Business cycles
Asymmetric response
Responsiveness
Statistics
Discouraged worker

Keywords

  • business cycle
  • employment
  • economics
  • world economy

Cite this

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Labour force participation and the business cycle: a comparative analysis of France, Japan, Sweden and the United States. / Darby, J.; Hart, R.A.; Vecchi, M.

In: Japan and the World Economy, Vol. 13, No. 2, 2001, p. 113-133.

Research output: Contribution to journalArticle

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