The Contribution of Large and Small Employers to Job Creation in Times of High and Low Unemployment
The Contribution of Large and Small Employers to Job Creation in Times of High and Low Unemployment
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DOI：
10.1257/aer.102.6.2509
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发表时间：
2012-10-01
影响因子：
10.7
通讯作者：
Postel-Vinay, Fabien
中科院分区：
文献类型：
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作者：
Moscarini, Giuseppe;Postel-Vinay, Fabien
我们记录了一个负相关，在商业周期的频率，大雇主的净就业创造率和总失业率的水平，这是比小雇主强得多。最初的大雇主和小雇主之间的就业增长率差与失业率的无条件相关性为-0.5，在整个商业周期中变化约为5%。我们利用了来自美国、丹麦和法国的几个数据集，这些数据集都是重复的横截面数据和带有雇主纵向信息的工作流数据，跨越了过去40年和几个商业周期。我们讨论了要素需求理论的含义。(JEL D22、E23、E32、J23、L25）
We document a negative correlation, at business cycle frequencies, between the net job creation rate of large employers and the level of aggregate unemployment that is much stronger than for small employers. The differential growth rate of employment between initially large and small employers has an unconditional correlation of -0.5 with the unemployment rate, and varies by about 5 percent over the business cycle. We exploit several datasets from the United States, Denmark, and France, both repeated cross sections and job flows with employer longitudinal information, spanning the last four decades and several business cycles. We discuss implications for theories of factor demand. (JEL D22, E23, E32, J23, L25)