Explaining the Decline in the U.S. Employment-to-Population Ratio: A Review of the Evidence
---- Acknowledgments ----
The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. The paper has benefited from comments by Alex Gelber, Judy Hellerstein, Chinhui Juhn, David Lindauer, Robert Moffitt, Matthew Notowidigdo, and David Neumark, as well as participants in a June 2017 Brookings roundtable discussion. The authors are grateful to Elisa Jacome, Terry Pack, Colin Wick and George Zuo for excellent research assistance. Financial support from the Smith Richardson Foundation is gratefully acknowledged.