Showing 1 - 10 of 21
This study measures the heterogeneity of establishment-level employment changes in the U.S. manufacturing sector over … the 1972 to 1986 period. We measure this heterogeneity in terms of the gross creation and destruction of jobs and the rate … at which jobs are reallocated across plants. Our measurement efforts enable us to quantify the connection between job …
Persistent link: https://www.econbiz.de/10012475277
We rely on a decomposition of employment changes into job creation and job destruction components - and a novel set of … inferences: 1) The data favor a many- shock characterization of fluctuations in employment and job reallocation, 2) Theories of … employment fluctuations that attribute a predominant role to aggregate shocks must in order to fit the data involve …
Persistent link: https://www.econbiz.de/10012473059
This paper studies hours, employment, vacancies and unemployment at micro and macro levels. It is built around a set of … facts concerning the variability of unemployment and vacancies in the aggregate and, at the establishment level, the … distribution of net employment growth and the comovement of hours and employment growth. A search model with frictions in hiring …
Persistent link: https://www.econbiz.de/10012465539
, we exploit the recently developed Longitudinal Business Database (LBD), which contains annual observations on employment …, the employment-weighted mean volatility of firm growth rates has declined by more than 40% since 1982. This result stands … volatility among privately held firms. This pattern holds in every major industry group. Employment shifts toward older …
Persistent link: https://www.econbiz.de/10012466311
We develop a preliminary version of an Integrated Longitudinal Business Database (ILBD) that combines administrative records and survey data for all employer and nonemployer business units in the United States. Unlike other large-scale business databases, the ILBD tracks business transitions...
Persistent link: https://www.econbiz.de/10012465428
This paper studies quarterly employment flows of approximately 10,000 large U.S. manufacturing establishments during … 1972:1-1980:4.After estimating the extent of short run microeconomic substitution between employment and hours per worker … (hours-week), we construct measures of the path of the deviation between actual and desired employment based on the observed …
Persistent link: https://www.econbiz.de/10012473851
employment growth rate distribution grew about 31 percent faster than the median firm. Moreover, the 90-50 differential was 16 … percent larger than the 50-10 differential reflecting the positive skewness of the employment growth rate distribution. We … show that the shape of the firm employment growth distribution changes substantially in the post-2000 period. By 2007, the …
Persistent link: https://www.econbiz.de/10012456895
We analyze employment and capital adjustments using plant data from the Colombian Annual Manufacturing Survey. We … levels, allowing for interdependence in adjustments of the two factors. In addition to non-linear employment and capital …
Persistent link: https://www.econbiz.de/10012467020
Do the job-to-job moves of workers contribute to the cyclicality of employment growth at different types of firms? In … reallocation to higher wage firms falling to zero. We also find that differential responses of net hires from non-employment play … an important role in the patterns of the cyclicality of employment dynamics across firms classified by size and wage. For …
Persistent link: https://www.econbiz.de/10012457432
productivity, real wages and employment. To quantify the effects of reallocation intensity on employment, we estimate regression … other variables as instruments. We find large positive effects of worker reallocation rates on employment, especially for …. These results suggest the U.S. economy faced serious impediments to high employment rates well before the Great Recession …
Persistent link: https://www.econbiz.de/10012458189