Davis, Steven; Haltiwanger, John; Faberman, R. Jason - National Bureau of Economic Research (NBER) - 2010
This paper is the first to study vacancies, hires, and vacancy yields at the establishment level in the Job Openings and Labor Turnover Survey, a large sample of U.S. employers. To interpret the data, we develop a simple model that identifies the flow of new vacancies and the job-filling rate...