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- W635565878 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." @default.
- W635565878 created "2016-06-24" @default.
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- W635565878 date "2013-01-01" @default.
- W635565878 modified "2023-09-27" @default.
- W635565878 title "Time and space aggregation of the labor market flows" @default.
- W635565878 hasPublicationYear "2013" @default.
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