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providing a benchmark for quantitative macroeconomic models. We propose and calibrate a labor market ow model to match various … empirical facts and to perform counterfactual exercises. If all establishments behaved as the most procyclical ones, labor …
Persistent link: https://www.econbiz.de/10012626934
This paper analyzes the effects of different wage cyclicalities on labor market flow dynamics at the establishment … labor market flow dynamics. …
Persistent link: https://www.econbiz.de/10011574241
We study the relationship between cyclical job and worker flows at the establishment level using the new German AWFP dataset spanning from 1975–2014. We find that worker turnover moves more procyclical than job turnover. This procyclical worker churn takes place along the entire employment...
Persistent link: https://www.econbiz.de/10011585890
In this paper, we analyze the connection between value added, wages, and labor market ows at the establishment level … empirical analysis, we link the new German Administrative Wage and Labor Market Flow Panel (AWFP) dataset to the IAB … equilibrium reaction is an important driver for aggregate labor market dynamics. …
Persistent link: https://www.econbiz.de/10011585891