This paper extends the work of Dunne, Roberts, and Samuelson (3) and Davis, Haltiwanger, and Schuh (2) on gross job flows among manufacturing plants. Gross job creation, destruction, and reallocation have been shown to be important in understanding the birth, growth, and death of plants, and the...

This paper provides new facts on the nature of job reallocation over the business cycle, and addresses the question of whether reallocation causes recessions or recessions cause reallocation. Although we do not resolve the question of causality, two general findings emerge that advance our...

In principle, the Longitudinal Research Database ( LRD ) which links the establishments in the Annual Survey of Manufactures (ASM) is ideal for examining the dynamics of firm and aggregate behavior. However, the published ASM aggregates are not simply the appropriately weighted sums of...