Alternative Ways of Measuring and Interpreting Worker Flows

The present paper provides empirical evidence compatible with a proposed theoretical framework to explain the joint determination of two components of worker flows: worker replacement and job creation. We show that a negative correlation between job creation and replacement across firms emerges from such a framework. An empirical model is specified and its parameters are estimated taking into account two serious problems: measurement error and endogenous regressor. We take advantage of a matched employer-employee longitudinal database with detailed information on job and worker characteristics to tackle both issues. Our estimates confirm the negative correlation predicted by the theory.job flows; replacement; employment dynamics

Worker Flows and Firm Dynamics in a Labour Market Model

In this paper we build an integrated framework of the labor market in which worker replacement, job creation and job destruction are decided simultaneously at the firm level, providing a rigorous instrument for the analysis of worker flows. The main features of the model are uncertainty related to worker X firm match quality and search frictions. Worker flow components are decided as firms learn about the quality of their matches. A negative cor- relation between replacement and job creation arises from this mechanism. The model also provides several implications for firm dynamics, which are all confirmed by related empirical papers.worker flows; firm dynamics

Alternative Ways of Measuring and Interpreting Worker Flows

The present paper provides empirical evidence compatible with a proposed theoretical framework to explain the joint determination of two components of worker flows: worker replacement and job creation. We show that a negative correlation between job creation and replacement across firms emerges from such a framework. An empirical model is specified and its parameters are estimated taking into account two serious problems: measurement error and endogenous regressor. We take advantage of a matched employer-employee longitudinal database with detailed information on job and worker characteristics to tackle both issues. Our estimates confirm the negative correlation predicted by the theory

Worker Flows and Firm Dynamics in a Labour Market Model

In this paper we build an integrated framework of the labor market in which worker replacement, job creation and job destruction are decided simultaneously at the firm level, providing a rigorous instrument for the analysis of worker flows. The main features of the model are uncertainty related to worker X firm match quality and search frictions. Worker flow components are decided as firms learn about the quality of their matches. A negative cor- relation between replacement and job creation arises from this mechanism. The model also provides several implications for firm dynamics, which are all confirmed by related empirical papers

Alternative Ways of Measuring and Interpreting Worker Flows

The present paper provides empirical evidence compatible with a proposed theoretical framework to explain the joint determination of two components of worker flows: worker replacement and job creation. We show that a negative correlation between job creation and replacement across firms emerges from such a framework. An empirical model is specified and its parameters are estimated taking into account two serious problems: measurement error and endogenous regressor. We take advantage of a matched employer-employee longitudinal database with detailed information on job and worker characteristics to tackle both issues. Our estimates confirm the negative correlation predicted by the theory

TRADE LIBERALIZATION, THE EXCHANGE RATE AND JOB AND WORKER FLOWS IN BRAZIL

Over the 1990's Brazil experienced a massive trade liberalization and wide variation in the real exchange rate. At the same time, employment growth was small and in manufacturing there was a significant reduction in total manufacturing. The main goal of this article is to idntify the effects of the exchange rate and trade liberalization on job and worker flows in Brazil. Using a novel sector exchange rate measure, our results suggest that a depreciation of the exchange rate affects net employment growth by increasing job creation and hires, with no effect on job reallocation. Tariffs have no effect on job or worker flows, while import penetration decrease job growth by increasing job destruction. The results suggest that the echange rate have a very important role on job and worker flows, even after controlling for openess and sector specificities.

Decisões críticas em idades críticas: a escolha dos jovens entre estudo e trabalho no Brasil e em outros paises da America Latina

In this paper we pretend to compare the determinants of the time allocation ofthe teenagers among four Latin American countries: Brazil, Chile, Peru and Honduras. We assume there are four possibilities to time allocation: only studying, only working, doing both ofthem or doing none of them. We focused our attention in Brazil, reporting how far one can extend the conclusions and policy recommendations to the another countries with different social and geographical characteristics. Separate analysis were done for men and women. The specific impacts of each variable on the time allocation of the teenagers were compared through a graphic analysis. The parents education revealed being the most important determinant of the young people's choice in almost all countries and genders analyzed, in the sense that the more educated the parents are, the more likely to study and the less willing to work the children are. In Brazil, for example, sons/daughters of eight-year educated parents have probability of studying 17/14 percentage points lower than sons/daughters of analphabets. Other important variables were the household location and the family composition, however the direction of these impacts depended on the gender and the country considered. This fact supports the argument that institutional/cultural differences have a central role on the teenagers' time allocation

Trade liberalization, the exchange rate and job flows in Brazil

Brazil underwent a large trade liberalization process in the 1990s. Over the period, manufacturing employment decreased significantly, generating public debate on the need to revert liberalization. This paper aims to identify the actual effect of trade liberalization on employment, separating it from exchange rate movements using a gross job flow approach. Our novel dataset covers all sectors and formally registered enterprises, and we use new sector specific exchange rate data. Our estimates suggest that greater openness reduce jobs through increased job destruction, with no effect on job creation, but the exchange rate matters also. Depreciations expand the number of jobs in manufacturing by increasing creation, with no effect on destruction.Trade liberalization, Exchange rate, Gross job flows, Brazil,