IDEAS home Printed from https://ideas.repec.org/p/fip/fedlps/227.html
   My bibliography  Save this paper

The rise and fall of labor force participation in the U.S

Author

Abstract

February 19, 2014. Speech at Exchequer Club, Washington, D.C.

Suggested Citation

  • James B. Bullard, 2014. "The rise and fall of labor force participation in the U.S," Speech 227, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:fedlps:227
    as

    Download full text from publisher

    File URL: http://research.stlouisfed.org/econ/bullard/pdf/Bullard_ExchequerClub_19Feb2014_final.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Marianna Kudlyak, 2013. "A Cohort Model of Labor Force Participation," Economic Quarterly, Federal Reserve Bank of Richmond, issue 1Q, pages 25-43.
    2. Stephanie Aaronson & Bruce Fallick & Andrew Figura & Jonathan Pingle & William Wascher, 2006. "The Recent Decline in the Labor Force Participation Rate and Its Implications for Potential Labor Supply," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 37(1), pages 69-154.
    3. Selahattin Imrohoroglu & Sagiri Kitao, 2012. "Social Security Reforms: Benefit Claiming, Labor Force Participation, and Long-Run Sustainability," American Economic Journal: Macroeconomics, American Economic Association, vol. 4(3), pages 96-127, July.
    4. Maria E. Canon & Marianna Kudlyak & Marisa Reed, 2014. "Not everyone who joins the ranks of the employed was \\"unemployed\\"," The Regional Economist, Federal Reserve Bank of St. Louis, January.
    5. 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.
    6. Boragan Aruoba & Morris Davis & Randall Wright, 2016. "Homework in Monetary Economics: Inflation, Home Production, and the Production of Homes," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 21, pages 105-124, July.
    7. Mark Aguiar & Erik Hurst, 2007. "Measuring Trends in Leisure: The Allocation of Time Over Five Decades," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(3), pages 969-1006.
    8. Daniel Aaronson & Jonathan Davis & Luojia Hu, 2012. "Explaining the decline in the U.S. labor force participation rate," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Mar.
    9. Willem Van Zandweghe, 2012. "Interpreting the recent decline in labor force participation," Economic Review, Federal Reserve Bank of Kansas City, vol. 97(Q I), pages 5-34.
    10. Julie L. Hotchkiss & Fernando Rios-Avila, 2013. "Identifying Factors behind the Decline in the U.S. Labor Force Participation Rate," Business and Economic Research, Macrothink Institute, vol. 3(1), pages 257-275, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Francisco Perez‐Arce & María J. Prados, 2021. "The Decline In The U.S. Labor Force Participation Rate: A Literature Review," Journal of Economic Surveys, Wiley Blackwell, vol. 35(2), pages 615-652, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. James B. Bullard, 2014. "The rise and fall of labor force participation in the United States," Review, Federal Reserve Bank of St. Louis, vol. 96(1), pages 1-12.
    2. Stephanie Aaronson & Tomaz Cajner & Bruce Fallick & Felix Galbis-Reig & Christopher Smith & William Wascher, 2014. "Labor Force Participation: Recent Developments and Future Prospects," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 45(2 (Fall)), pages 197-275.
    3. Nucci, Francesco & Riggi, Marianna, 2018. "Labor force participation, wage rigidities, and inflation," Journal of Macroeconomics, Elsevier, vol. 55(C), pages 274-292.
    4. Marianna Kudlyak, 2013. "A Cohort Model of Labor Force Participation," Economic Quarterly, Federal Reserve Bank of Richmond, issue 1Q, pages 25-43.
    5. Matteo G Richiardi & Brian Nolan & Lane Kenworthy, 2020. "What happened to the ‘Great American Jobs Machine’?," International Journal of Microsimulation, International Microsimulation Association, vol. 13(1), pages 19-51.
    6. Christopher J. Erceg & Andrew T. Levin, 2014. "Labor Force Participation and Monetary Policy in the Wake of the Great Recession," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(S2), pages 3-49, October.
    7. Jeremy W Bray & Brooks Depro & Dorren McMahon & Marion Siegle & Lee Mobley, 2016. "Disconnected Geography: A Spatial Analysis of Disconnected Youth in the United States," Journal of Labor Research, Springer, vol. 37(3), pages 317-342, September.
    8. James Bullard & Aarti Singh, 2020. "Nominal GDP Targeting with Heterogeneous Labor Supply," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(1), pages 37-77, February.
    9. Francisco Perez‐Arce & María J. Prados, 2021. "The Decline In The U.S. Labor Force Participation Rate: A Literature Review," Journal of Economic Surveys, Wiley Blackwell, vol. 35(2), pages 615-652, April.
    10. Fernando Rios-Avila, 2015. "Losing Ground: Demographic Trends in US Labor Force Participation," Economics Policy Note Archive 15-7, Levy Economics Institute.
    11. David G. Blanchflower & Andrew T. Levin, 2015. "Labor Market Slack and Monetary Policy," NBER Working Papers 21094, National Bureau of Economic Research, Inc.
    12. Francisco Perez-Arce & Maria J. Prados & Tarra Kohli, 2018. "The Decline in the U.S. Labor Force Participation Rate," Working Papers wp385, University of Michigan, Michigan Retirement Research Center.
    13. Regis Barnichon & Andrew Figura, 2015. "Labor Market Heterogeneity and the Aggregate Matching Function," American Economic Journal: Macroeconomics, American Economic Association, vol. 7(4), pages 222-249, October.
    14. Shannon Bold & Laurence Harris, 2018. "Identifying monetary policy rules in South Africa with inflation expectations and unemployment," WIDER Working Paper Series wp-2018-43, World Institute for Development Economic Research (UNU-WIDER).
    15. Levin, Andrew T., 2014. "The design and communication of systematic monetary policy strategies," Journal of Economic Dynamics and Control, Elsevier, vol. 49(C), pages 52-69.
    16. Tomoaki Kotera, 2020. "Sustainability of Social Security in the Aging Economy from the Perspective of Improving Health," IMES Discussion Paper Series 20-E-12, Institute for Monetary and Economic Studies, Bank of Japan.
    17. Robert A. Moffitt, 2012. "The Reveral of the Employment-Population Ratio in the 2000s: Facts and Explanations," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 43(2 (Fall)), pages 201-264.
    18. Leila Bengali & Mary C. Daly & Robert G. Valletta, 2013. "Will labor force participation bounce back?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue may13.
    19. Robert A. Moffitt, 2012. "The U.S. Employment-Population Reversal in the 2000s: Facts and Explanations," NBER Working Papers 18520, National Bureau of Economic Research, Inc.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedlps:227. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Scott St. Louis (email available below). General contact details of provider: https://edirc.repec.org/data/frbslus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.