We study Austrian job reallocation in the period of 1978 to 1998, using a large administrative dataset where we correct for “spurious†entries and exits of firms. We find that on average 9 out of 100 randomly selected jobs were created within the last year, and that about 9...

We study Austrian job reallocation in the period of 1978 to 1998, using a large administrative dataset where we correct for “spurious” entries and exits of firms. We find that on average 9 out of 100 randomly selected jobs were created within the last year, and that about 9 out of...