Template-type: ReDIF-Paper 1.0
Author-Name: Mercedes Gracia-Díez 
Author-Workplace-Name: Universidad Complutense de Madrid, Departamento de Fundamentos 
	del Análisis Económico II (Economía Cuantitativa).
Title: Compositional changes of the labor force and the increase of the unemployment 
	rate: an estimate for the U.S. 
Abstract: This paper estimates how demographic changes in the composition of the labor 
	force affect the unemployment rate in the U.S. In addition to the effect coming 
	from changes in the weights of the individual groups comprising the total, the 
	impact of compositional changes on the individual unemployment rates is estimated 
	by using a dummy variables model and incorporated into the estimate upon the overall 
	unemployment rate. The results suggest that the incorporation of the latter effect 
	is significant. Indeed, the estimates presentad in this paper are almost twice as 
	high as those provided by the fixed-weight-method used in previous studies.

Keywords: Tasa de desempleo en EE.UU.; Variable dummy.

Length: 30 pages 
Creation-Date: 1987 
Number: 87-08 
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/doctra87-08.txt
File-URL: https://eprints.ucm.es/id/eprint/21154/1/8708.pdf
File-Format: Application/pdf
Handle: RePEc:ucm:doctra:87-08