AAEA Virtual Presentation 2022

The Dynamics of Labor Force Participation: Is All Quiet on the Appalachian Front?

Image credit: AAEA


This study examines the dynamic effects of national, regional, and local labor market shocks on labor force participation rates (LFPR) in Appalachia. We use a dynamic factor model with time-varying loading parameters and stochastic volatility to explore the synchronicity and divergence between state LFPRs within this region. We find that the national and state-specific factors are the dominant contributors to these observed variations over time. Our findings can help better target labor policy by taking advantage of the sensitivity exhibited by each state to various labor market conditions.

Jul 31, 2022 8:00 AM — Aug 12, 2022 3:00 AM
Marriott Anaheim
700 West Convention Way, Anaheim, CA 92802
Josh Beverly
Josh Beverly
Data Scientist and Adjunct Professor of Economics

My research interests include labor economics, rural and regional economics, time series analysis and applied econometrics.