Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/36607
Authors: 
Bachmann, Ronald
David, Peggy
Year of Publication: 
2009
Series/Report no.: 
Technical Report // Sonderforschungsbereich 475, Komplexitätsreduktion in Multivariaten Datenstrukturen, Universität Dortmund 2009,05
Abstract: 
Using two data sets derived from German administrative data, including a linked employer-employee data set, we investigate the cyclicality of worker and job °ows. The analysis stresses the importance of two-sided labour market heterogeneity in this context, taking into account both observed and unobserved characteristics. We find that small firms hire mainly unemployed workers, and that they do so at the beginning of an economic expansion. Later on in the expansion, hirings more frequently result from direct job-to-job transitions, with employed workers moving to larger firms. Contrary to our expectations, workers moving to larger firms do not experience signi¯cantly larger wage gains than workers moving to smaller establishments. Furthermore, our econometric analysis shows that the interaction of unobserved heterogeneities on the two sides of the labour market plays a more important role for employed job seekers than for the unemployed.
Subjects: 
worker °ows
accessions
separations
business cycle
job-to-job
employer-to-employer
linked employer-employee
JEL: 
J63
J64
J21
E24
Document Type: 
Working Paper

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