Firm-Level Employment Dynamics
Firm-level employment dynamics deals with the evolution of firms’ employment decisions when they face costs of creating and destroying jobs. It lies at the intersection of labour economics, industrial organization and macroeconomics. Recent contributions use rational expectations models of labour demand to match salient statistics from establishment-level employment records.
KeywordsAdjustment costs Firm-level employment dynamics Job creation and destruction Structured and unstructured jobs
JEL ClassificationsD4 D10
- Davis, S.J., J.C. Haltiwanger, and S. Schuh. 1996. Job creation and destruction. Cambridge, MA: MIT Press.Google Scholar