Gross job flows
In: Handbook of Labor Economics
AbstractMarket economies experience high rates of job creation and job destruction in almost every time period and sector. Each year, many businesses expand and many others contract. New businesses constantly enter, while others abruptly exit or gradually disappear. Amidst the turbulence of business growth and decline, jobs, workers and capital are continually reallocated among competing activities, organizations and locations. We synthesize the growing body of research on this process, especially as it pertains to the creation and destruction of jobs. We summarize and analyze empirical regularities related to cross-sectional, cross-country and cyclical variation in job flows. We also relate theories of heterogeneity, growth and fluctuations to the large magnitude of job flows and to systematic patterns of cross-sectional and time variation. Other major themes include the connection between job flows and worker flows, creative destruction and the productivity-improving role of factor reallocation, reallocation behavior and consequences in transition economies, and the productivity and welfare effects of policies that impede or encourage job flows.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
This chapter was published in:
This item is provided by Elsevier in its series Handbook of Labor Economics with number 3-41.
Contact details of provider:
Web page: http://www.elsevier.com/wps/find/bookseriesdescription.cws_home/BS_HE/description
Find related papers by JEL classification:
- J0 - Labor and Demographic Economics - - General
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).
If references are entirely missing, you can add them using this form.