We explore differences between two measurement concepts of worker flows widely used in the literature referred to as the turnover and reallocation concepts. We find that measuring worker flows by the turnover concept leads to substantially (about 5 percent of total employment) higher worker flow...

We explore differences between two measurement concepts of worker flows widely used in the literature referred to as the turnover and reallocation concepts. We find that measuring worker flows by the turnover concept leads to substantially (about 5 percent of total employment) higher worker flow...