Gross job flows and institutions in Europe

Gómez-Salvador, Ramón and Messina, Julián and Vallanti, Giovanna (2004) Gross job flows and institutions in Europe. [Discussion Paper]. European Central Bank, Frankfurt am Main, Germany. p. 50. Working Paper Series (No. 318).

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We examine job flows in the 1990s for a sample of 13 European countries. By using a dataset of continuing firms that covers all sectors, we find firm characteristics to be important determinants of job flows, with smaller and younger firms within services typically having a larger degree of job turnover. Once controlled for firm and sectoral effects, the role of institutions in the dynamics of job creation and destruction is examined. As expected, employment protection is found to reduce job flows. Similarly, countries with higher unemployment benefits and more coordinated wage bargaining systems are characterised by lower job flows.

Item Type: Report / Paper (Discussion Paper)
Research documents and activity classification: Working Papers > Refereed Working Papers / of international relevance
Divisions: Department of Business and Management
Additional Information: The paper has been published in "Labour Economics", Vol. 11, Pages 469-485, 2004.
Uncontrolled Keywords: Gross Job Flows; Labour market institutions.
MIUR Scientific Area: Area 13 - Economics and Statistics > SECS-P/01 Political Economy
Deposited by: Maria Teresa Nisticò
Date Deposited: 21 Dec 2010 09:24
Last Modified: 22 Apr 2015 00:13


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