Job-finding and separation rates in the OECD

Arbeitspapier

In this paper, we provide a set of comparable estimates of aggregate monthly job-finding and separation rates for twenty-seven OECD (Organisation for Economic Co-operation and Development) countries; these estimates can be used for the cross-country calibration of search models of unemployment. We find that cross-country differences in job-finding rates are much greater than those in separation rates. Our results are quantitatively and qualitatively in line with those published in previous studies; however, they cover a much larger set of countries. We Q31combine our estimates with evidence on unemployment and labor force participation rates to impute steady-state worker flows for twenty-three of the countries in our sample.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Staff Report ; No. 298

Classification and Topics

• Classification: Wirtschaft ; Bargaining Theory; Matching Theory ; Firm Behavior: Theory ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; Entrepreneurship
• Subject: labor markets, search theory, worker flows ; Arbeitsplatzsuchmodell ; Arbeitsmobilität ; Kündigung ; Erwerbstätigkeit ; Momentenmethode ; OECD-Staaten

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Hobijn, Bart ; Sahin, Aysegül
• Event: Veröffentlichung
• (who): Federal Reserve Bank of New York
• (where): New York, NY
• (when): 2007

Further information

• Handle: http://hdl.handle.net/10419/60714
• Last update: 10.03.2025, 11:45 AM CET