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Worker churn and employment growth at the establishment level / Rüdiger Bachmann (University of Notre Dame, CEPR, ifo, CESifo), Christian Bayer (University of Bonn and CEPR), Christian Merkl (University of Erlangen-Nuremberg (FAU) and IZA), Stefan Seth (Institute for Employment Research (IAB)), Heiko Stüber (FAU and IAB), Felix Wellschmied (Universidad Carlos III de Madrid and IZA) ; IZA Institute of Labor Economics
VerfasserBachmann, Ruediger In der Gemeinsamen Normdatei der DNB nachschlagen ; Bayer, Christian In der Gemeinsamen Normdatei der DNB nachschlagen ; Merkl, Christian In der Gemeinsamen Normdatei der DNB nachschlagen ; Seth, Stefan In der Gemeinsamen Normdatei der DNB nachschlagen ; Stüber, Heiko In der Gemeinsamen Normdatei der DNB nachschlagen ; Wellschmied, Felix In der Gemeinsamen Normdatei der DNB nachschlagen
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen
ErschienenBonn, Germany : IZA Institute of Labor Economics, October 2017
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Elektronische Ressource
Umfang1 Online-Ressource (30 Seiten) : Diagramme
SerieDiscussion paper ; no. 11063
URNurn:nbn:de:hbz:5:2-141150 Persistent Identifier (URN)
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Worker churn and employment growth at the establishment level [0.59 mb]
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Zusammenfassung

We study the relationship between employment growth and worker flows in excess of job flows (churn) at the establishment level using the new German AWFP dataset spanning from 1975-2014. Churn is above 5 percent of employment along the entire employment growth distribution and most pronounced at rapidly-adjusting establishments. We find that the patterns of churn along the employment growth distribution can be explained by separation rate shocks and time-to-hire frictions. These shocks become larger on average during boom periods leading to procyclical worker churn. Distinguishing between separations into non-employment and to other establishments, we find that separations to other establishments drive all procyclical churn. In a secondary contribution, we compare German worker and job flows with their US counterparts and recent US findings.