New Facts About Factor-Demand Dynamics: Employment, Jobs, and Workers

Daniel Hamermesh, Wolter H. J. Hassink and Jan van Ours

No 4625, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: We provide a unified discussion of the relations among flows of workers, changes in employment and changes in the number of jobs at the level of the firm. Using the only available set of data (a nationally representative sample of Dutch firms in 1988 and 1990) we discover that: 1) Nearly half of all hiring is by firms where employment is not growing; 2) Over half of all firing is by firms that are not contracting; 3) Most firing is by firms that are also hiring; 4) Flows of workers within firms are small compared to flows into and out of firms; and 5) Accounting for simultaneous creation and destruction of jobs within firms adds roughly 15 percent to estimates of economywide job creation and destruction. The results imply that macroeconomic fluctuations can have substantial effects beyond those indicated by net employment changes at the firm level, and that studies of dynamic factor demand must account for variations in gross flows of workers.

JEL-codes: J23 (search for similar items in EconPapers)
Date: 1994-01
Note: LS
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)

Published as Annales d'Economie et de Statistique, No.41/42, pp.21-39 (January 1996).

Downloads: (external link)
http://www.nber.org/papers/w4625.pdf (application/pdf)

Related works:
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:nbr:nberwo:4625

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w4625

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().