Projections of Age-Specific Labour Force Participation for the USA Based on a Dynamic Microsimulation Model Accounting for
Education and Health
Abgeschlossene Forschungsprojekte
Studie von: Österreichisches Institut für Wirtschaftsforschung
Auftraggeber: National Bureau of Economic Research
Abgeschlossen: 2021
The project develops a dynamic microsimulation model for the USA to project age-specific labour force participation while
accounting for population changes in education and health. The model produces projections that account for changes in cohorts'
educational attainments and the dynamic effects of education on health and employment. A focus is on the projection of the
labour market participation of persons with health limitations in various policy settings. The analysis is embedded in an
internationally comparative framework. Our project adapts a multi-country comparative microsimulation model, which is currently
being developed for five European countries, for the USA context. The creation of this model, combined with the analysis of
participation behaviour of different socio-demographic groups and of the impact of different policies for the inclusion of
persons with health impairments, allows to project labour force participation in the USA and to construct comparative what-if
scenarios.
Forschungsbereich:Arbeitsmarktökonomie, Einkommen und soziale Sicherheit