Using Polish Labour Force Survey data, we examine whether competition for labour has induced individual pay to depend on outside options, availability and quality of jobs. Exploiting the lack of inter-regional job and worker flows we estimate the elasticity of individual pay, amongst a rich set...

This paper analyzes the effects of trade and outsourcing on the transition probabilities of employment between sectors, using a dynamic multinomial logit framework with fixed effects. The data contain individual Austrian male workers over the period 1988-2001. Our results strongly support the...

In many professional labor markets the number of new workers follows a cyclical time path. This phenomenon is usually explained by means of a cobweb model that is based on the assumptions of myopic wage expectations and occupational immobility. Since both assumptions are questioned by the...

Nachrichten über den massiven Arbeitsplatzabbau führender Unternehmen werden oft im Zusammenhang mit Informationen über die wachsende Arbeitslosigkeit vermittelt. Dadurch entsteht der Eindruck, daß diese beiden Entwicklungen auf eine direkte und unkomplizierte Weise miteinander...

In our era of "shareholder value", news of redundancies in leading global companies is good news for the stock market. The coincidence of this kind of news with growing unemployment creates the impression of a direct and simple relationship between the two developments. In this paper, we use...

This paper gives a comprehensive picture of job and worker flows for the entire Danish economy. We exploit a unique central administrative register encompassing all employees of all workplaces across all sectors throughout two business cycles. This enables us to broaden the focus of the previous...

This paper analyzes the cyclical properties of worker flows in Brazil and Mexico, two important developing countries with large unregulated or informalʺ sectors. It generates three stylized facts that are critical to the accurate modeling of the sector and which suggest the need to rethink the...