Labor Force Participation: Timing and Persistence / Kim B. Clark, Lawrence H. Summers.

Format:

Book

Author/Creator:

Clark, Kim B.

Contributor:

National Bureau of Economic Research.

Summers, Lawrence H.

Series:

Working Paper Series (National Bureau of Economic Research) no. w0977.

NBER working paper series no. w0977

Language:

English

Subjects (All):

Labor supply--United States.

Labor supply.

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Labor Force Participation

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1982.

Cambridge : National Bureau of Economic Research, 1982.

Summary:

This paper examines the relative importance of timing and persistence elements in explaining cyclical fluctuations in labor supply. Data from the natural experiment provided by World War I1 and cross-sectional data on American local labor markets, as well as aggregate time-series data are used in the empirical work. We find little evidence that timing effects play an important role in labor market dynamics. The evidence suggests that views emphasizing persistence are more accurate, and that previous employment tends to raise the probability of subsequent employment.

Notes:

Print version record

September 1982.