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We combine information from several different studies and data sets to assemble a fuller, more accurate picture of job flows and worker flows in U.S. labor markets. Our picture characterizes the magnitudes of job and worker flows, the connections between them, their cyclical behavior,...
Persistent link: https://www.econbiz.de/10005580522
pattern. Establishment-level regressions show that exporters exhibit significant employment downsizing. Workforce changeovers … displaced workers shift to nontraded-output industries or out of recorded employment. It remains an important task for research … to analyze the impact of economic reform on worker separations, accessions and spell durations outside employment at the …
Persistent link: https://www.econbiz.de/10005248780
-to-employer flows is high, representing about 4 percent of employment and 30 percent of separations each quarter. The pace of employer …
Persistent link: https://www.econbiz.de/10005248793
The extensive empirical macro- and micro-level evidence on the impact of job security provisions is largely inconclusive. We argue that the weak evidence is a consequence of the weak power of statistics used, which is suggested by a dynamic theory of plant-level labor demand that we develop....
Persistent link: https://www.econbiz.de/10005248820
their current employer and are more likely to make an employment-to-employment transition. Examining the unemployed, I find …
Persistent link: https://www.econbiz.de/10005084828
One of the strongest trends in recent macroeconomic modeling of labor market fluctuations is to treat unemployment inflows as acyclical. This trend stems in large part from an influential paper by Shimer on "Reassessing the Ins and Outs of Unemployment," i.e., the extent to which increased...
Persistent link: https://www.econbiz.de/10005085085
, especially in sectors with higher employment volatility. Moreover, we find that the reform reduced firms' employment adjustments …
Persistent link: https://www.econbiz.de/10005085408
idiosyncratic employment shocks against which they cannot insure directly. The labor market has a Diamond … matching function. Wages are determined through Nash bargaining. We also consider aggregate productivity shocks, and a complete …
Persistent link: https://www.econbiz.de/10005088667
In Silicon Valley's computer cluster, skilled employees are reported to move rapidly between competing firms. This job-hopping facilitates the reallocation of resources towards firms with superior innovations, but it also creates human capital externalities that reduce incentives to invest in...
Persistent link: https://www.econbiz.de/10005088670
relative wages of job-to-job movers over a similar period. We develop a search model in which firms may offer tenure …
Persistent link: https://www.econbiz.de/10005089057