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

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.

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Year of publication:	2000
Authors:	Cheng, Ing-Haw ; French, Eric
Published in:	Economic Perspectives. - Federal Reserve Bank of Chicago. - 2000, Q IV, v. 25, no. 4, p. 48-65
Publisher:	Federal Reserve Bank of Chicago
Subject:	Labor supply \| Stock market

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005499103