Time and space aggregation of the labor market flows

Katarina Borovickova
Additional contact information
Katarina Borovickova: New York University

No 1338, 2013 Meeting Papers from Society for Economic Dynamics

Abstract: I present new empirical evidence on the relationship between the job flows, worker flows, and the time horizon at which these flows are measured. In particular, I show that worker flows grow linearly with the horizon at which they are measured; job flows grow approximately with the square root of the horizon. Further, I show that these patterns hold for all firm size categories separately, and that the magnitude of the job and worker flows decreases with employer's size. To interpret these patterns, I explore simple models of a representative firm which faces employment adjustment costs. I show that such a model can replicate some of the observed patterns. I discuss the implications of presented facts for interpreting the differences in the characteristics of the labor markets in Europe and the U.S.

Date: 2013
New Economics Papers: this item is included in nep-dge and nep-ger
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://red-files-public.s3.amazonaws.com/meetpapers/2013/paper_1338.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:red:sed013:1338

Access Statistics for this paper

More papers in 2013 Meeting Papers from Society for Economic Dynamics Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().