Gross Job Creation, Gross Job Destruction, and Employment Reallocation

1992/08/01 by Steven J. Davis, S. J. Davis, John Haltiwanger +1 · 6 citations
Economics, Econometrics and Finance · #Firm Innovation and Growth #Labor market dynamics and wage inequality #Global trade and economics

paper · doi:10.2307/2118365

Abstract

This study measures the heterogeneity of establishment-level employment changes in the U. S. manufacturing sector over the 1972 to 1986 period. We measure this heterogeneity in terms of the gross creation and destruction of jobs and the rate at which jobs are reallocated across plants. Our measurement efforts enable us to quantify the connection between job reallocation and worker reallocation, to evaluate theories of heterogeneity in plant-level employment dynamics, and to establish new results related to the cyclical behavior of the labor market.

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