We report results indicating that job turnover is not countercyclical in general but rather reflects the inability of smooth labor adjustment through the use of temporary employment contracts. Service establishments with a high share of temporary employment exhibit acyclical job reallocation, while only permanent jobs within manufacturing are found to be countercyclical.
Economics Bulletin
Temporary Contracts and the Dynamics of Job Turnover
Referens
Arai, Mahmood och Fredrik Heyman (2004). ”Temporary Contracts and the Dynamics of Job Turnover”. Economics Bulletin 10(4).
Arai, Mahmood och Fredrik Heyman (2004). ”Temporary Contracts and the Dynamics of Job Turnover”. Economics Bulletin 10(4).
Författare
Mahmood Arai,
Fredrik Heyman