Job flows, worker flows, and churning

• 成果类型: Article
• 署名作者: Burgess, S; Lane, J; Stevens, D
• 署名单位: University of Bristol; Centre for Economic Policy Research - UK; American University; Stockholm University; University System of Maryland; University of Baltimore
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/209967
• 发表日期: 2000
• 页码: 473-502
• 关键词: united-states-economy; lifetime jobs; panel data; turnover; destruction; creation; unemployment

摘要

We utilize a large employer-level panel dataset to explore the links between gross job flows and gross worker flows. Our findings have relevance for models of job creation and job destruction, and labor reallocation. We find churning flows (the difference between worker and job flows at the level of the employer) to be high, pervasive, and highly persistent within employers, suggesting that they arise as a correlate of an equilibrium personnel policy. We find the dynamic relationship between job and worker flows to be quite complex: lagged job flows raise churning flows, and lagged churning flows reduce employment growth.