Age-Specific Cyclical Effects in Job Reallocation and Labour Mobility

Jan C. van Ours and Anne Gielen

No 5161, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: We present an empirical analysis of job reallocation and labour mobility using matched worker-firm data for the Netherlands to investigate how firms adjust their workforce over the cycle. Our data cover the period 1993-2002. We find that cyclical adjustments of the workforce occur mainly through fluctuations in job creation for young and prime-age workers while for old workers they occur mainly through fluctuations in job destruction. Moreover, we find that business cycle fluctuations are used to rejuvenate the workforce. Workforce reductions are most harmful for old workers; for them the flow out of employment is a one-way street.

Keywords: Job creation; Job destruction; Accessions; Separations; Matched worker-firm data (search for similar items in EconPapers)
JEL-codes: J23 J62 J63 (search for similar items in EconPapers)
Date: 2005-08
New Economics Papers: this item is included in nep-lab
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Citations: View citations in EconPapers (6)

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Related works:
Journal Article: Age-specific cyclical effects in job reallocation and labor mobility (2006)
Working Paper: Age-Specific Cyclical Effects in Job Reallocation and Labor Mobility (2005)
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