Labour flows across firm´s size, economic sectors and wages in Colombia: evidence from employer-employee linked panel

Luz Florez, Leonardo Morales, Daniel Medina Gaspar and José Lobo C ()
Additional contact information
José Lobo C: Universidad Nacional de Colombia
Authors registered in the RePEc Author Service: José de Jesús Lobo Camargo

Borradores de Economia from Banco de la Republica de Colombia

Abstract: This paper explores the behavior of Colombia labour market flows. We focus on job creation and job destruction from the plant´s perspective, and on hiring and separations from the worker´s point of view.We show how these labour flows change across different dimensions such as, firm’s size, economic sectors, as well as wages and present the dynamic of tenure across these dimensions. Our results are in line with those of Birch (1981) and more recently Neumark, Wall, and Zhang (2008), who found that small firms are the ones who created Jobs in the economy. We found that small firms have higher job and worker reallocation rates; and firms especially those with less than 50 employees are the ones with a higher employment growth rates compared to the larger ones. Moreover, we found that construction presents the highest labour flows, while manufacture the lowest. Finally, we found a negative relation between firm´s average wages and labour flows. Classification JEL: E24, J63, M50

Keywords: Job creation; Job destruction; Hiring; Separations; Firm´s size; Churning; Wages; Tenure. (search for similar items in EconPapers)
Pages: 50
Date: 2017-09
New Economics Papers: this item is included in nep-bec and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://doi.org/10.32468/be.1013 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bdr:borrec:1013

Access Statistics for this paper

More papers in Borradores de Economia from Banco de la Republica de Colombia Cra 7 # 14-78. Contact information at EDIRC.
Bibliographic data for series maintained by Clorith Angélica Bahos Olivera ().