Labour market flows: facts from the United Kingdom
2012
19
2
April
165-175
labour market ; termination of employment
Labour market
http://dx.doi.org/10.1016/j.labeco.2011.08.002
English
Bibliogr.
"This paper documents a number of facts about worker gross flows in the United Kingdom for the period between 1993 and 2010. Using Labour Force Survey data, I examine the size and cyclicality of the flows and transition probabilities between employment, unemployment and inactivity, from several angles. I examine aggregate conditional transition probabilities, job-to-job flows, employment separations by reason, flows between inactivity and the labour force and flows by education. I decompose contributions of job-finding and job-separation rates to fluctuations in the unemployment rate. Over the past cycle, the job-separation rate has been as relevant as the job-finding rate."
Paper
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