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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3483 |
DP3483 Tax Pot Episodes in OECD Countries | |
Franck Portier; Catherine Bruno-Portier | |
发表日期 | 2002-08-20 |
出版年 | 2002 |
语种 | 英语 |
摘要 | We study Austrian job reallocation in the period of 1978?98, using a large administrative dataset where we correct for ?spurious? entries and exits of firms. We find that on average nine out of 100 randomly selected jobs were created within the last year, and that about nine out of randomly selected 100 jobs will be destroyed within the next year. Hence, Austrian job flows seem to be of comparable magnitude as in other countries, similar to the well-known results of Davis et al. (1996) for the United States. Job reallocation appears to be driven primarily by idiosyncratic shocks. However, job creation increases significantly during cyclical upswings whereas job destruction rises in downturns. We also find substantial persistence of job creation and destruction. We show that the pronounced pattern of job reallocation rates falling with firm size and age continues to hold when we use a set of controls. Finally, we show that - controlling for sector and for firm size composition - Austrian job reallocation rates are only half the rates for the US. This result is not surprising given the impact of tighter regulation and labor law in Austria. |
主题 | Labour Economics |
关键词 | Labour reallocation Job flows Labour market regulation |
URL | https://cepr.org/publications/dp3483 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532499 |
推荐引用方式 GB/T 7714 | Franck Portier,Catherine Bruno-Portier. DP3483 Tax Pot Episodes in OECD Countries. 2002. |
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