Labor Market Dynamics and Development*

• 成果类型: Article
• 署名作者: Donovan, Kevin; Lu, Will Jianyu; Schoellman, Todd
• 署名单位: Yale University; Central Bank of Chile; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis
• 刊物名称: QUARTERLY JOURNAL OF ECONOMICS
• ISSN/ISSBN: 0033-5533
• DOI: 10.1093/qje/qjad019
• 发表日期: 2023
• 页码: 2287-2325
• 关键词: Firm size; job; unemployment; EMPLOYMENT; turnover; mobility; GROWTH; informality; SEPARATION; WORLD

摘要

We provide new evidence on how labor market dynamics vary with development. We build a new data set consisting of harmonized microdata from rotating panel labor force surveys covering 80 million people from 49 countries. Labor market flows, such as the job-finding or employment exit rate, are higher in developing economies. These higher flows largely reflect a slippery job ladder: workers transition frequently to and from marginal employment without climbing to or persisting in better-paying jobs. Subsistence self-employment and different patterns of selection for wage workers each play a role in our findings and are useful avenues for future theories of labor market frictions.