The Entry and Exit of Workers and the Growth of Employment: An Analysis of French Establishments
TLDR
This paper developed employment and job flow statistics for a representative sample of French establishments from 1987 to 1990, using data that permit a distinction between flows of workers (directly measured) and job creation and destruction (again, directly measured).Abstract:
Using data that permit a distinction between flows of workers (directly measured) and job creation and destruction (again, directly measured), we develop employment and job flow statistics for a representative sample of French establishments from 1987 to 1990. Annual job creation can be characterized as hiring three persons and separating two for each job created in a given year. Annual job destruction can be characterized as hiring one person and separating two for each job destroyed in a given year. When an establishment is changing employment, the adjustment is made primarily by reducing entry and not by changing the separation rates. There is considerable simultaneous hiring and separation, even controlling for skill group. Two-thirds of all hiring is on short-term contracts, and more than half of all separations are due to the end of these short-term contracts.read more
Citations
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References
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Job Matching and the Theory of Turnover
TL;DR: Turnover is generated by the existence of a nondegenerate distribution of the worker's productivity across different jobs as discussed by the authors, caused by the assumed variation in the quality of the employee-employer match.
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Recursive methods in economic dynamics
TL;DR: In this article, a deterministic model of optimal growth is proposed, and a stochastic model is proposed for optimal growth with linear utility and linear systems and linear approximations.
Journal ArticleDOI
Gross Job Creation, Gross Job Destruction, and Employment Reallocation
Steven J. Davis,John Haltiwanger +1 more
TL;DR: The authors measured the heterogeneity of establishment-level employment changes in the U.S. manufacturing sector over the 1972 to 1986 period and measured this heterogeneity in terms of the gross creation and destruction of jobs and the rate at which jobs are reallocated across plants.
ReportDOI
Job Mobility and the Careers of Young Men
Robert H. Topel,Michael P. Ward +1 more
TL;DR: The authors studied the processes of job mobility and wage growth among young men and found that the evolution of wages plays a key role in this transition to stable employment: wage gains at job changes account for at least a third of early career wage growth, and the wage is the key determinant of job changing decisions among young workers.
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Chapter 10 Wage determinants: A survey and reinterpretation of human capital earnings functions
TL;DR: In this article, the authors present a survey and exposition of the development of the earnings function as an empirical tool for the analysis of the determinants of wage rates, which has come to mean any regression of individual wage rates or earnings on a vector of personal, market, and environmental variables thought to influence the wage.
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