In the last years the analysis of flow figures turned out to be essential for labour market research and policy advice. The ongoing debate about how flexible is the German labour market could not been answered just analysing stock figures or turnover rates. Here we follow the useful analytical...

The German employment miracle with a weak decline in employment and low unemployment during the great recession seems to be a good example for a successful labour market reform. While the aggregate level of job turnover seems to be stable over time, there are nevertheless concerns about rising...