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Assessing job flows across countries : the role of industry, firm size and regulations

Author: John C Haltiwanger; Stefano Scarpetta; Helena Schweiger; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 2008.
Series: Working paper series (National Bureau of Economic Research), no. 13920.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This paper analyzes job flows in a sample of 16 industrial and emerging economies over the past decade, exploiting a harmonized firm-level dataset. It shows that industry and firm size effects (and especially firm size) account for a large fraction in the overall variability in job flows. However, large residual differences remain in the job flow patterns across countries. To account for the latter, the paper  Read more...
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Additional Physical Format: Print version:
Haltiwanger, John C.
Assessing job flows across countries.
Cambridge, Mass. : National Bureau of Economic Research, 2008
(DLC) 2008610774
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: John C Haltiwanger; Stefano Scarpetta; Helena Schweiger; National Bureau of Economic Research.
OCLC Number: 219558418
Notes: "April 2008."
Description: 1 online resource (35 pages).
Series Title: Working paper series (National Bureau of Economic Research), no. 13920.
Responsibility: John Haltiwanger, Stefano Scarpetta, Helena Schweiger.

Abstract:

This paper analyzes job flows in a sample of 16 industrial and emerging economies over the past decade, exploiting a harmonized firm-level dataset. It shows that industry and firm size effects (and especially firm size) account for a large fraction in the overall variability in job flows. However, large residual differences remain in the job flow patterns across countries. To account for the latter, the paper explores the role of differences in employment protection legislation across countries. Using a difference-in-difference approach that minimizes possible endogeneity and omitted variable problems, our findings show that hiring and firing costs tend to curb job flows, particularly in those industries and firm size classes that require more frequent labor adjustment.

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