Labor Force Participation in Chile is popular PDF and ePub book, written by Patrick Blagrave in 2017-03-13, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Labor Force Participation in Chile can be Read Online from any device for your convenience.
Labor Force Participation in Chile Book PDF Summary
Gains in labor force participation rates in Chile have slowed in recent years. We examine their determinants using a cohort-model analysis. Allowing for both age- and cohort-specific effects in the context of a seemingly unrelated regression equations (SURE) approach, we find that age factors play an important role in determining participation decisions, especially for males. For females, we find that strong positive time trends dominate the downward pressure from demographics, although those trends have recently dissipated. In addition, we find that both cohort effects and the business cycle shape participation decisions. Using our cohort-based analysis, we construct projections of participation rates, which suggest population aging will put downward pressure on labor inputs, and thus potential output, in coming years. Further increases in female labor force participation—supported by policies— could more than offset the downward pressure from demographics.
Detail Book of Labor Force Participation in Chile PDF
- Author : Patrick Blagrave
- Release : 13 March 2017
- Publisher : International Monetary Fund
- ISBN : 9781475586213
- Genre : Business & Economics
- Total Page : 25 pages
- Language : English
- PDF File Size : 20,9 Mb
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