Firm-level shocks and labor flows

Arbeitspapier

This paper analyzes how labor ows respond to permanent idiosyncratic shifts in rm-level production functions and demand curves using very detailed Swedish micro data. Shocks to rms physical productivity have only modest eects on rm-level employment decisions. In contrast, the paper documents rapid and substantial employment adjustments through hires and separations in response to rm-level demand shocks. The choice of adjustment margin depends on the sign of the shock: rms adjust through increased hires if these shocks are positive and through increased separations if the shocks are negative.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IDB Working Paper Series ; No. IDB-WP-1158

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Firm Behavior: Empirical Analysis ; Labor Turnover; Vacancies; Layoffs ; Labor Demand
• Thema: Technology ; Demand ; Job flows ; Worker flows

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Carlsson, Mikael ; Messina, Julián ; Nordström Skans, Oskar
• Ereignis: Veröffentlichung
• (wer): Inter-American Development Bank (IDB)
• (wo): Washington, DC
• (wann): 2021

Weitere Informationen

• DOI: doi:10.18235/0003002
• Handle: http://hdl.handle.net/10419/237454
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ