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Beyond "Manucentrism" - Some Fresh Facts about Job and Worker Flows

P. Bingley, Tor Eriksson, Axel Werwatz and Niels Westergård-Nielsen ()

Working Papers from Centre for Labour Market and Social Research, Danmark-

Abstract: This paper gives a comprehensive picture of job and worker flows for the entire Danish economy. We exploit a unique central administrative register encompassing all employees of all establishments across all sectors throughout two business cycles. This enables us to broaden the focus of the previous literature about job and worker flows which has been concerned exclusively with larger establishments, especially in the manufacturing sector. We find that manufacturing has fewer flows than most other private sector industries. This is largely due to the importance of small establishments in the job and worker reallocation processes. Davis and Haltiwanger find job and worker flows to be respectively counter- and pro-cyclical. This is confirmed for Danish manufacturing and the public sector, but not for the private sector. Manufacturing flows are representative of the Danish economy as a whole only because of the large public sector.

Keywords: LABOUR MARKET; WAGES; BUSINESS CYCLES (search for similar items in EconPapers)
JEL-codes: J21 J31 J42 J63 (search for similar items in EconPapers)
Pages: 32 pages
Date: 1999
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Citations: View citations in EconPapers (11)

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