, 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 …

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 …

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 …

This study measures the heterogeneity of establishment-level employment changes in the U.S. manufacturing sector over … reallocation and worker reallocation, to evaluate theories of heterogeneity in plant-level employment dynamics, and to establish …

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 …