Labor Market Flows: Evidence from Chile Using Micro Data from Administrative Tax Records

Elías Albagli, Alejandra Chovar, Emiliano Luttini, Carlos Madeira, Alberto Naudon () and Matias Tapia

Working Papers Central Bank of Chile from Central Bank of Chile

Abstract: Using administrative tax records for all formal Chilean firms and employees, we compute and characterize several labor flow measures. Our results show that labor mobility in Chile is large for international standards, with the reallocation rate averaging 37% over the last decade, the highest value among the 25 OECD countries with comparable data. The magnitude of labor reallocation is highly heterogeneous among firms and industries, being highest in Agriculture and Construction. Job reallocation is also high for smaller companies, especially due to high rates of firm creation and destruction, and for firms that pay lower wages. Finally, there is a significant procyclical behavior of workers’ entry rate, and, in smaller magnitude, a countercyclical reaction of the exit rate, which is consistent with international evidence that shows job creation to be the main adjustment mechanism over the business cycle.

Date: 2017-12
New Economics Papers: this item is included in nep-acc and nep-bec
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://www.bcentral.cl/documents/33528/133326/DTBC_812.pdf (application/pdf)

Related works:
Journal Article: Labor market flows: Evidence for Chile using microdata from administrative tax records (2023)
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:chb:bcchwp:812

Access Statistics for this paper

More papers in Working Papers Central Bank of Chile from Central Bank of Chile Contact information at EDIRC.
Bibliographic data for series maintained by Alvaro Castillo ().