Wellschmied, Felix Maximilian; Bachmann, Rüdiger; … - Verein für Socialpolitik - VfS - 2013
We study the relationship between cyclical job and worker flows at the plant level using a new data set spanning from 1976-2006. We find that procyclical labor demand explains relatively little of procyclical worker flows. Instead, all plants in the employment growth distribution increase their...