We explore differences between two measurement concepts of worker flows widely used in the literature referred to as the turnover and reallocation concepts. We find that measuring worker flows by the turnover concept leads to substantially (about 5 percent of total employment) higher worker flow estimates and slightly increased age, size and industry group effects on firm level worker flows as well as differences between growing and declining firms relative to the reallocation concept.
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Steven J. Davis & John Haltiwanger, 1998.
"Measuring Gross Worker and Job Flows,"
NBER Chapters,
in: Labor Statistics Measurement Issues, pages 77-122
National Bureau of Economic Research, Inc.
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