Working Papers, Konjunkturinstitutet - National Institute of Economic Research
Unemployment and Labour Force Participation in Sweden
Abstract: This paper investigates the relationship between Swedish
unemployment and labour-force participation. Cointegration analysis
supports a robust long-run relationship between the two variables,
regardless of whether aggregate or gender-specific rates are used. This
finding puts the empiri-cal relevance of the unemployment invariance
hypothesis into question.
Keywords: Cointegration; Discouraged worker; (follow links to similar papers)
JEL-Codes: E24; (follow links to similar papers)
21 pages, November 30, 2009
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