Labour market flows: Facts from the United Kingdom
Pedro Gomes
Labour Economics, 2012, vol. 19, issue 2, 165-175
Abstract:
This paper documents a number of facts about worker gross flows in the United Kingdom for the period between 1993 and 2010. Using Labour Force Survey data, I examine the size and cyclicality of the flows and transition probabilities between employment, unemployment and inactivity, from several angles. I examine aggregate conditional transition probabilities, job-to-job flows, employment separations by reason, flows between inactivity and the labour force and flows by education. I decompose contributions of job-finding and job-separation rates to fluctuations in the unemployment rate. Over the past cycle, the job-separation rate has been as relevant as the job-finding rate.
Keywords: Worker gross flows; Job-finding rate; Job-separation rate; Transition probabilities (search for similar items in EconPapers)
JEL-codes: E24 J60 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (107)
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Working Paper: Labour Market Flows: Facts from the United Kingdom (2010) 
Working Paper: Labour market flows: facts from the United Kingdom (2009) 
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Persistent link: https://EconPapers.repec.org/RePEc:eee:labeco:v:19:y:2012:i:2:p:165-175
DOI: 10.1016/j.labeco.2011.08.002
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