The cyclical behaviour of job and worker flows
This research exploits a large employer-level panel dataset in order to analyse employment and worker flows. Excess reallocation, the difference between worker and job flows at the firm level, is substantial and has a definite cyclical pattern. Both accessions and separations are cyclical in contrast to the conventional wisdom that assumes separation to be countercyclical. Separations increase in upswing, following the accession increase, and decline in recession. Unemployment during recession is not, to a large extent, due to an increase in the rate at which workers separate from their employers, as traditionally assumed among macroeconomists, but to the decline in job creations.
|Date of creation:||2007|
|Date of revision:|
|Contact details of provider:|| Postal: Cannaregio, S. Giobbe no 873 , 30121 Venezia|
Web page: http://www.unive.it/dip.economia
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Steven J. Davis & John C. Haltiwanger & Scott Schuh, 1998. "Job Creation and Destruction," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262540932, March.
- Boeri, Tito, 1996. "Is Job Turnover Countercyclical?," Journal of Labor Economics, University of Chicago Press, vol. 14(4), pages 603-25, October.
- John M. Abowd & Patrick Corbel & Francis Kramarz, 1996.
"The Entry and Exit of Workers and the Growth of Employment: An Analysis of French Establishments,"
NBER Working Papers
5551, National Bureau of Economic Research, Inc.
- John M. Abowd & Patrick Corbel & Francis Kramarz, 1999. "The Entry And Exit Of Workers And The Growth Of Employment: An Analysis Of French Establishments," The Review of Economics and Statistics, MIT Press, vol. 81(2), pages 170-187, May.
- Abowd, John M & Corbel, Patrick & Kramarz, Francis, 1997. "The Entry and Exit of Workers and the Growth of Employment: An Analysis of French Establishments," CEPR Discussion Papers 1765, C.E.P.R. Discussion Papers.
- Haltiwanger, John C. & Vodopivec, Milan, 2002.
"Gross worker and job flows in a transition economy: an analysis of Estonia,"
Elsevier, vol. 9(5), pages 601-630, November.
- Haltiwanger, John C. & Vodopivec, Milan, 1999. "Gross worker and job flows in a transition economy : an analysis of Estonia," Policy Research Working Paper Series 2082, The World Bank.
- Steve J. Davis & John Haltiwanger, 1991.
"Gross job creation, gross job destruction and employment reallocation,"
Working Paper Series, Macroeconomic Issues
91-5, Federal Reserve Bank of Chicago.
- Steven J. Davis & John Haltiwanger, 1992. "Gross Job Creation, Gross Job Destruction, and Employment Reallocation," The Quarterly Journal of Economics, Oxford University Press, vol. 107(3), pages 819-863.
- Steve J. Davis & John Haltiwanger, 1991. "Gross Job Creation, Gross Job Destruction and Employment Reallocation," NBER Working Papers 3728, National Bureau of Economic Research, Inc.
- Burgess, Simon & Lane, Julia & Stevens, David, 2001. "Churning dynamics: an analysis of hires and separations at the employer level," Labour Economics, Elsevier, vol. 8(1), pages 1-14, January.
- Bingley, Paul & Eriksson, Tor & Werwatz, Axel & Westergård-Nielsen, Niels, 1999.
"Beyond manucentrism: Some fresh facts about job and worker flows,"
SFB 373 Discussion Papers
1999,74, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- Bingley, P. & Eriksson, T. & Werwatz, A. & Westergard-Nielsen, N., 1999. "Beyond "Manucentrism" - Some Fresh Facts about Job and Worker Flows," Papers 99-09, Centre for Labour Market and Social Research, Danmark-.
- Burgess, Simon & Lane, Julia & Stevens, David, 2000.
"Job Flows, Worker Flows, and Churning,"
Journal of Labor Economics,
University of Chicago Press, vol. 18(3), pages 473-502, July.
- Contini, Bruno & Revelli, Riccardo, 1997. "Gross flows vs. net flows in the labor market: What is there to be learned?," Labour Economics, Elsevier, vol. 4(3), pages 245-263, September.
- Tattara, Giuseppe & Volpe, Mario & pitingaro, serafino, 2001.
"Distretti industriali e anelli affini
[Industrial districts and elective affinities]," MPRA Paper 18457, University Library of Munich, Germany.
- Picot, Garnett & Heisz, Andrew & Nakamura, A., 2001. "Job Tenure, Worker Mobility and the Youth Labour Market During the 1990s," Analytical Studies Branch Research Paper Series 2001155e, Statistics Canada, Analytical Studies Branch.
When requesting a correction, please mention this item's handle: RePEc:ven:wpaper:2007_16. See general 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: (Geraldine Ludbrook)
If references are entirely missing, you can add them using this form.