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The effect of the run-up in the stock market on labor supply

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  • Ing-Haw Cheng
  • Eric French

Abstract

This article presents estimates of the effect of the run-up in the stock market on labor supply. The authors find that, in the absence of a run-up in the stock market, aggregate labor force participation rates would have been about 1 percent higher than they are today.

Suggested Citation

  • Ing-Haw Cheng & Eric French, 2000. "The effect of the run-up in the stock market on labor supply," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 25(Q IV), pages 48-65.
    • Handle: RePEc:fip:fedhep:y:2000:i:qiv:p:48-65:n:v.25no.4
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    Keywords

    Labor supply; Stock market;

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