The shadow labor supply and its implications for the unemployment rate
AbstractThe number of people wanting work, but not looking for a job, has swelled in recent years. However, their flow rate back into unemployment has been declining, so they will likely only have a modest impact on the unemployment rate.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Kansas City in its journal Macro Bulletin.
Volume (Year): (2013)
Issue (Month): (August)
Other versions of this item:
- Davig, Troy A. & Mustre-del-Rio, Jose, 2013. "The shadow labor supply and its implications for the unemployment rate," Economic Review, Federal Reserve Bank of Kansas City, issue Q III, pages 5-29.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kimmel, Jean & Kniesner, Thomas J., 1998. "New evidence on labor supply:: Employment versus hours elasticities by sex and marital status," Journal of Monetary Economics, Elsevier, vol. 42(2), pages 289-301, July.
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- Willem Van Zandweghe, 2012. "Interpreting the recent decline in labor force participation," Economic Review, Federal Reserve Bank of Kansas City, issue Q I, pages 5-34.
- Regis Barnichon & Christopher J. Nekarda, 2013.
"The ins and outs of forecasting unemployment: Using labor force flows to forecast the labor market,"
Finance and Economics Discussion Series
2013-19, Board of Governors of the Federal Reserve System (U.S.).
- Regis Barnichon & Christopher J. Nekarda, 2012. "The Ins and Outs of Forecasting Unemployment: Using Labor Force Flows to Forecast the Labor Market," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 45(2 (Fall)), pages 83-131.
- Kim B. Clark & Lawrence H. Summers, 1979. "Labor Market Dynamics and Unemployemnt: A Reconsideration," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 10(1), pages 13-72.
- Robert Shimer, 2012.
"Reassessing the Ins and Outs of Unemployment,"
Review of Economic Dynamics,
Elsevier for the Society for Economic Dynamics, vol. 15(2), pages 127-148, April.
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