Picture of a black hole

Strathclyde Open Access research that creates ripples...

The Strathprints institutional repository is a digital archive of University of Strathclyde's Open Access research outputs. Strathprints provides access to thousands of research papers by University of Strathclyde researchers, including by Strathclyde physicists involved in observing gravitational waves and black hole mergers as part of the Laser Interferometer Gravitational-Wave Observatory (LIGO) - but also other internationally significant research from the Department of Physics. Discover why Strathclyde's physics research is making ripples...

Strathprints also exposes world leading research from the Faculties of Science, Engineering, Humanities & Social Sciences, and from the Strathclyde Business School.

Discover more...

Labour force participation and the business cycle: a comparative analysis of France, Japan, Sweden and the United States

Darby, J. and Hart, R.A. and Vecchi, M. (2001) Labour force participation and the business cycle: a comparative analysis of France, Japan, Sweden and the United States. Japan and the World Economy, 13 (2). pp. 113-133. ISSN 0922-1425

Full text not available in this repository. (Request a copy from the Strathclyde author)

Abstract

This paper investigates the cyclical responsiveness of participation in the labour force. We examine systems of equations, disaggregated by age and gender, for France, Japan, Sweden and the US, using data from the OECD Labour Force Statistics, 1970-1995. We use measures of country specific business cycles following Harvey and Jaeger (1993) and test for asymmetric responses of participation to expansionary and contractionary phases of the cycle. Our results show that discouraged worker effects are prevalent. These effects are strongest in the downward phase of the cycle and are essentially a female phenomenon, with a particular concentration among 45-54 year olds.