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Asymmetric labor force participation decisions over the business cycle: evidence from U.S. microdata Author info | Abstract | Publisher info | Download info | Related research | Statistics Julie L. Hotchkiss
John C. Robertson
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The purpose of this paper is to explore the microfoundations of the observed asymmetric movement in aggregate unemployment rates. Using U.S. data, we find that individual labor force participation responds asymmetrically to changes in local labor market conditions, consistent with the pattern of movements in the aggregate unemployment rate. Differences in the asymmetry and sensitivity of labor force participation decisions are found across gender, age, and education groups, and these differences are used to anticipate changes in the aggregate movements as population characteristics change over time.
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Paper provided by Federal Reserve Bank of Atlanta in its series Working Paper with number
2006-08.
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Date of creation: 2006Date of revision:
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References listed on IDEAS 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.: Note: For best results & the figures should be printed on a non-Postscript printer. Hoynes & H., .
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Julie L. Hotchkiss & M. Melinda Pitts, 2007.
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Julie L. Hotchkiss & M. Melinda Pitts & Mary Beth Walker, 2008.
"Working with children? the probability of mothers exiting the workforce at time of birth ,"
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2008-08, Federal Reserve Bank of Atlanta.
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Catalina Amuedo-Dorantes & Jean Kimmel, 2007.
"Moonlighting over the Business Cycle ,"
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