2023
DOI: 10.2298/gsgd2301475g
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Decomposition of the recent increase in the labour force participation rate in Serbia

Abstract: The present work decomposes the recent increase in the labour force participation rate into two factors: the contribution of the age composition, and the contribution of the age- and sex-specific labour force participation rate. After a whole decade of stagnation, the labour force participation rate in Serbia has increased by 10% between 2012 and 2021, which opened the question of the deterministic basis for an in-creased economic activity in case of population that is aging and declining in … Show more

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