02080cas a2200253 a 4500 AALejournalIMF017512 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475586213 1018-5941 BD-DhAAL BD-DhAAL Blagrave, Patrick. Labor Force Participation in Chile : Recent Trends, Drivers, and Prospects / Patrick Blagrave, Marika Santoro. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (25 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Gains in labor force participation rates in Chile have slowed in recent years. We examine their determinants using a cohort-model analysis. Allowing for both age- and cohort-specific effects in the context of a seemingly unrelated regression equations (SURE) approach, we find that age factors play an important role in determining participation decisions, especially for males. For females, we find that strong positive time trends dominate the downward pressure from demographics, although those trends have recently dissipated. In addition, we find that both cohort effects and the business cycle shape participation decisions. Using our cohort-based analysis, we construct projections of participation rates, which suggest population aging will put downward pressure on labor inputs, and thus potential output, in coming years. Further increases in female labor force participation-supported by policies- could more than offset the downward pressure from demographics. Mode of access: Internet Santoro, Marika. IMF Working Papers; Working Paper ; No. 2017/054 Full text available on IMF http://elibrary.imf.org/view/journals/001/2017/054/001.2017.issue-054-en.xml IMF e-Library