What do worker flows tell us about cyclical fluctuations in employment?
Many official surveys give us important information about labor markets and unemployment, as well as other statistics. However, these surveys reveal only the net gains or losses in employment over a given period. Consequently, how many gross hires and separations lie behind the net changes is missing from these statistical releases. Data on gross flows turn up additional valuable information. In “What Do Worker Flows Tell Us About Cyclical Fluctuations in Employment?,” Shigeru Fujita uses such data to examine cyclical changes in the pace of the worker reallocation process and its effects on the U.S. labor market.
Volume (Year): (2007)
Issue (Month): Q2 ()
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- Robert Shimer, 2005. "The Cyclical Behavior of Equilibrium Unemployment and Vacancies," American Economic Review, American Economic Association, vol. 95(1), pages 25-49, March.
- Robert E. Hall, 2005.
"Employment Efficiency and Sticky Wages: Evidence from Flows in the Labor Market,"
The Review of Economics and Statistics,
MIT Press, vol. 87(3), pages 397-407, August.
- Robert E. Hall, 2005. "Employment Efficiency and Sticky Wages: Evidence from Flows in the Labor Market," NBER Working Papers 11183, National Bureau of Economic Research, Inc.
- Davis, Steven J. & Faberman, R. Jason & Haltiwanger, John C., 2005. "The Flow Approach to Labor Markets: New Data Sources, Micro-Macro Links and the Recent Downturn," IZA Discussion Papers 1639, Institute for the Study of Labor (IZA).
- Robert E. Hall, 2005. "Employment Fluctuations with Equilibrium Wage Stickiness," American Economic Review, American Economic Association, vol. 95(1), pages 50-65, March. Full references (including those not matched with items on IDEAS)
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