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Projecting GDP Growth Using Trends in Labor Force Participation


  • Fernando M. Martin


Measuring the output gap without accounting for the trend in labor force participation may lead to persistent misdiagnoses of the state of the economy.

Suggested Citation

  • Fernando M. Martin, 2014. "Projecting GDP Growth Using Trends in Labor Force Participation," Economic Synopses, Federal Reserve Bank of St. Louis, issue 26.
  • Handle: RePEc:fip:fedles:00026

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    References listed on IDEAS

    1. Maria E. Canon & Peter Debbaut & Marianna Kudlyak, 2013. "A closer look at the decline in the labor force participation rate," The Regional Economist, Federal Reserve Bank of St. Louis, issue October.
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