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Labor force participation in Chile : recent trends, drivers, and prospects /

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 a...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Blagrave, Patrick (Autor), Santoro, Marika (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, District of Columbia] : International Monetary Fund, 2017.
Colección:IMF working paper ; WP/17/54.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Labor force participation in Chile :  |b recent trends, drivers, and prospects /  |c by Patrick Blagrave and Marika Santoro. 
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520 3 |a 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. 
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650 0 |a Labor supply  |z Chile. 
650 0 |a Labor supply. 
650 0 |a Labor market. 
650 0 |a Labor demand. 
650 0 |a Employment (Economic theory) 
650 6 |a Marché du travail  |z Chili. 
650 6 |a Marché du travail. 
650 6 |a Emploi. 
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650 7 |a Labor demand  |2 fast 
650 7 |a Labor supply  |2 fast 
651 7 |a Chile  |2 fast 
700 1 |a Santoro, Marika,  |e author. 
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