Worker Churn and Employment Growth at the Establishment Level

Ruediger Bachmann, Christian Bayer, Christian Merkl, Stefan Seth, Heiko Stüber and Felix Wellschmied

VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association

Abstract: We find that worker turnover is more procyclical than job turnover. Procyclical worker churn result almost exclusively from job-to-job transitions. The size and cyclical properties of churn are close to uniform along the entire employment growth distribution of establishments. Even shrinking firms churn, i.e., they hire while separating from workers. The cyclical movements in the source of hiring, from employment vs non-employment, are close to uniform across the employment growth distribution.

JEL-codes: E32 J23 J63 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-eur and nep-mac
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Citations: View citations in EconPapers (4)

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Working Paper: Worker Churn and Employment Growth at the Establishment Level (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168162

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