We present an empirical analysis of job reallocation and labor mobility using matched worker-firm data for the Netherlands to investigate how firms adjust their workforce over the cycle. Our data cover the period 1993-2002. We find that cyclical adjustments of the workforce occur mainly through...

Ljungqvist and Sargent (2017) (LS) show that unemployment fluctuations can be understood in terms of a quantity they call the "fundamental surplus." However, their analysis ignores risk premia, a force that Hall (2017) shows is important in understanding unemployment fluctuations. We show how...

This paper explores how firms respond to the exit of mothers from the labour market after childbirth. As an exogenous shifter in mothers' quits, we use a policy reform that extended the potential duration of unemployment benefits, which Italian mothers can receive also upon resigning within 12...

This paper deals with the heterogeneous employment outcome at the plant level in Swedish manufacturing over the period 1972-96. Non-negligible gross flows of jobs is found to be a pronounced feature in Swedish manufacturing, but as compared to results on U.S. data, the average pace of job...

Using a linked employer-employee data set for Germany, this paper studies how worker turnover is related to establishments‘ international trade involvement. The descriptive analysis shows that trading establishments have lower worker turnover rates than non-traders, suggesting a higher degree...