We propose a measure for the importance of aggregate shocks for fluctuations in job flows at the firm level. Using data for the Portuguese economy, we find that large and old firms exhibit higher relative sensitivity to aggregate shocks and have a disproportional influence over the dynamics of...

"Flexibility and heterogeneity are important topics in labour market research. Since 2004 the Deutsche Forschungsgemeinschaft (DFG) has funded a research network addressing the issue of 'Flexibility in Heterogeneous Labour Markets', which intends to uncover possibilities for fostering...

Flexibility and heterogeneity are important topics in labour market research. Since 2004 the Deutsche Forschungsgemeinschaft (DFG) has funded a research network addressing the issue of 'Flexibility in Heterogeneous Labour Markets', which intends to uncover possibilities for fostering...

"Flexibility and heterogeneity are important topics in labour market research. Since 2004 the Deutsche Forschungsgemeinschaft (DFG) has funded a research network addressing the issue of 'Flexibility in Heterogeneous Labour Markets', which intends to uncover possibilities for fostering...

"There is a large body of literature on the determinants of regional variation in new firm formation. In contrast there are few articles on the spatial differences in new firm survival. Using panel data we analyse both items for 74 western German regions over a ten-year period. The positive...

There is a large body of literature on the determinants of regional variation in new firm formation. In contrast there are few articles on the spatial differences in new firm survival. Using panel data we analyse both items for 74 western German regions over a ten-year period. The positive...

"There is a large body of literature on the determinants of regional variation in new firm formation. In contrast there are few articles on the spatial differences in new firm survival. Using panel data we analyse both items for 74 western German regions over a ten-year period. The positive...

In this paper, we analyse the influence of firm characteristics and the regional environment on employment growth of East German manufacturing firms between 1992 and 1996. Our results confirm the negative impact of firm size and age on employment growth found in various studies for several...