Unemployment and labor force participation in the United States |
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| Authors: | Jamie Emerson |
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| Institution: | Department of Economics and Finance, Perdue School of Business, Salisbury University, Salisbury, MD 21801, United States |
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| Abstract: | This paper uses historical data from the United States to investigate the relationship between unemployment and labor force participation. Cointegration analysis supports a long-run relationship between these two variables, which leads us to question the empirical relevance of the unemployment invariance hypothesis for the United States. |
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| Keywords: | E24 |
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