| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w17910 |
| 来源ID | Working Paper 17910 |
| Hiring, Churn and the Business Cycle | |
| Edward P. Lazear; James R. Spletzer | |
| 发表日期 | 2012-03-09 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | Churn, defined as replacing departing workers with new ones as workers move to more productive uses, is an important feature of labor dynamics. The majority of hiring and separation reflects churn rather than hiring for expansion or separation for contraction. Using the JOLTS data, we show that churn decreased significantly during the most recent recession with almost four-fifths of the decline in hiring reflecting decreases in churn. Reductions in churn have costs because they reflect a reduction in labor movement to higher valued uses. We estimate the cost of reduced churn to be $208 billion. On an annual basis, this amounts to about .4% of GDP for a period of 3 1/2 years. |
| 主题 | Labor Economics ; Labor Supply and Demand ; Unemployment and Immigration |
| URL | https://www.nber.org/papers/w17910 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575586 |
| 推荐引用方式 GB/T 7714 | Edward P. Lazear,James R. Spletzer. Hiring, Churn and the Business Cycle. 2012. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w17910.pdf（220KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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