Unemployment and Labour Force Participation in Sweden

Pär Österholm

No 113, Working Papers from National Institute of Economic Research

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 (search for similar items in EconPapers)
JEL-codes: E24 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2009-11-30
New Economics Papers: this item is included in nep-lab and nep-mac
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Journal Article: Unemployment and labour-force participation in Sweden (2010)
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