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Job Creation and Destruction

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Author Info

  • Steven J. Davis

    ()
    (University of Chicago)

  • John C. Haltiwanger

    ()
    (University of Maryland)

  • Scott Schuh

    ()
    (Federal Reserve Bank of Boston)

Abstract

Job Creation and Destruction is the culmination of a long, ongoing research program at the Center for Economic Studies. Using the most complete plant- level data source currently available--the Longitudinal Research Data constructed by the Census Bureau--it focuses on the U.S. manufacturing sector from 1972 to 1988 and develops a statistical portrait of the microeconomic adjustments to the many economic events that affect businesses and workers. The picture that emerges is one of large, persistent, and highly concentrated gross job flows, with job destruction dominating the cyclical feaures of net job flows. The authors describe in detail those characteristics that destroy and create jobs over time (including industry of origin, wage payments, international trade exposure, factor intensity, size, age, and productivity performance), while also providing a broader measure of the process that will be directly relevant to macroeconomists and policymakers.

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Bibliographic Info

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This book is provided by The MIT Press in its series MIT Press Books with number 0262540932 and published in 1998.

Volume: 1
Edition: 1
ISBN: 0-262-54093-2
Handle: RePEc:mtp:titles:0262540932

Contact details of provider:
Web page: http://mitpress.mit.edu

Related research

Keywords: job flows; U.S. manufacturing sector;

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