Temporary contracts and the dynamics of job turnover

Mahmood Arai and Fredrik Heyman

Economics Bulletin, 2004, vol. 10, issue 4, 1-6

Abstract: We report results indicating that job turnover is not countercyclical in general but rather reflects the inability of smooth labor adjustment through the use of temporary employment contracts. Service establishments with a high share of temporary employment exhibit acyclical job reallocation, while only permanent jobs within manufacturing are found to be countercyclical.

Keywords: Dual; labor; markets (search for similar items in EconPapers)
JEL-codes: J2 (search for similar items in EconPapers)
Date: 2004-04-12
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Citations: View citations in EconPapers (4)

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