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The determinants of labor force participation : an empirical analysis

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  • William E. Cullison

Abstract

Before the mid-1960's economists generally accepted, with two major exceptions, the neoclassical theory of aggregate labor supply, i.e., the theory that the number or workers supplied to the market varied with wages, population, and work preferences, with work preferences and population treated as exogenous and outside the realm of economics.

Suggested Citation

  • William E. Cullison, 1979. "The determinants of labor force participation : an empirical analysis," Working Paper 79-03, Federal Reserve Bank of Richmond.
    • Handle: RePEc:fip:fedrwp:79-03
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    References listed on IDEAS

    as
    1. Rose McElhattan, 1977. "Labor force participation and unemployment insurance--a time series study," Economic Review, Federal Reserve Bank of San Francisco, issue Spr, pages 35-45.
    2. Cullison, William E, 1975. "An Employment Pressure Index as an Alternative Measure of Labor Market Conditions," The Review of Economics and Statistics, MIT Press, vol. 57(1), pages 115-121, February.
    3. Santomero, Anthony M & Seater, John J, 1978. "The Inflation-Unemployment Trade-off: A Critique of the Literature," Journal of Economic Literature, American Economic Association, vol. 16(2), pages 499-544, June.
    4. Seater, John J., 1977. "A unified model of consumption, labor supply, and job search," Journal of Economic Theory, Elsevier, vol. 14(2), pages 349-372, April.
    5. George L. Perry, 1977. "Potential Output and Productivity," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 8(1), pages 11-60.
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    Cited by:

    1. José Manuel Montero & Ana Regil, 2015. "La tasa de actividad en España: resistencia cíclica, determinantes y perspectivas futuras," Occasional Papers 1502, Banco de España.

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    Keywords

    Labor supply;

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