Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125400
Authors: 
Hyatt, Henry R.
Year of Publication: 
2015
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2015 [Issue:] 175
Abstract: 
As part of a more general process of employment reallocation from less to more productive employers, job-to-job flows tend to be beneficial for productivity and for workers. Thus, when this rate slows, it is important to understand why. In the US, for example, the job-to-job flow rate is now at an all-time low. While job-to-job flows are a means of boosting wages and productivity, a decline could indicate improvements for workers if it means that they are now better matched to their jobs. Furthermore, when job-to-job flows are lower, firms and workers incur fewer costs related to job transitions, such as job search and hiring costs.
Subjects: 
job-to-job
employer-to-employer
employment
hiring
firing
separations
layoffs
quits
JEL: 
J62
J63
J64
E24
J23
Persistent Identifier of the first edition: 
Document Type: 
Article

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