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The determinants of labor force participation : an empirical analysis


  • William E. Cullison


Before the mid-1960's economists generally accepted, with two major exceptions, the neoclassical theory of aggregate labor supply, i.e., the theory that the number or workers supplied to the market varied with wages, population, and work preferences, with work preferences and population treated as exogenous and outside the realm of economics.

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  • William E. Cullison, 1979. "The determinants of labor force participation : an empirical analysis," Working Paper 79-03, Federal Reserve Bank of Richmond.
  • Handle: RePEc:fip:fedrwp:79-03

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    References listed on IDEAS

    1. Santomero, Anthony M & Seater, John J, 1978. "The Inflation-Unemployment Trade-off: A Critique of the Literature," Journal of Economic Literature, American Economic Association, vol. 16(2), pages 499-544, June.
    2. Seater, John J., 1977. "A unified model of consumption, labor supply, and job search," Journal of Economic Theory, Elsevier, vol. 14(2), pages 349-372, April.
    3. George L. Perry, 1977. "Potential Output and Productivity," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 8(1), pages 11-60.
    4. Cullison, William E, 1975. "An Employment Pressure Index as an Alternative Measure of Labor Market Conditions," The Review of Economics and Statistics, MIT Press, vol. 57(1), pages 115-121, February.
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    Cited by:

    1. José Manuel Montero & Ana Regil, 2015. "La tasa de actividad en España: resistencia cíclica, determinantes y perspectivas futuras," Occasional Papers 1502, Banco de España;Occasional Papers Homepage.

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