Labor market flows in the cross section and over time

成果类型:
Article
署名作者:
Davis, Steven J.; Faberman, R. Jason; Haltiwanger, John
署名单位:
University System of Maryland; University of Maryland College Park; National Bureau of Economic Research; University of Chicago; National Bureau of Economic Research; Federal Reserve System - USA; Federal Reserve Bank - Chicago
刊物名称:
JOURNAL OF MONETARY ECONOMICS
ISSN/ISSBN:
0304-3932
DOI:
10.1016/j.jmoneco.2011.10.001
发表日期:
2012
页码:
1-18
关键词:
摘要:
Many theoretical models of labor market search imply a tight link between worker flows (hires and separations) and job gains and losses at the employer level. We use rich establishment-level data to assess several theoretical models and to study the relationship between worker flows and jobs flows. Hires, quits, and layoffs exhibit strong, highly nonlinear relationships to employer growth rates in the cross section. Simple statistical models of these relationships greatly improve our ability to account for fluctuations in aggregate worker flows and enable us to construct synthetic measures of hires, separations, quits, and layoffs back to 1990. (C) 2011 Elsevier B.V. All rights reserved.
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