Journal Article

The effect of the run-up in the stock market on labor supply


Abstract: This article presents estimates of the effect of the run-up in the stock market on labor supply. The authors find that, in the absence of a run-up in the stock market, aggregate labor force participation rates would have been about 1 percent higher than they are today.

Keywords: Labor supply; Stock market;

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Economic Perspectives

Publication Date: 2000

Volume: 25

Issue: Q IV

Pages: 48-65