Collaborative Research on Continuing Research on Establishment-Level Employment and Wage Dynamics in U.S. Manufacturing Industries

商业机构的诞生、成长、衰落和消亡是市场经济的一个突出而普遍的特征。劳动力资源的专业化是市场经济的另一个显著特征。综上所述，这两项观察表明了持续重新分配劳动力的重要性。尽管市场经济具有这些特征，但企业劳动力需求干扰在劳动力市场长期和周期性行为中的作用仍未得到探索。在这方面，一个关键问题是，企业一级劳动力需求扰动所驱动的部门内劳动力再分配波动是否能解释部门和总失业率的大幅波动。第二个关键问题是，在一个衰退部门内，就业损失集中在各个机构之间，是否在失业行为中发挥了重要作用。该项目的目的是通过结合当前人口调查的失业数据和新创建的制造业纵向企业数据文件（LED）来调查这两个关键问题。LED文件提供了1972年至1983年美国制造业个体企业的纵向数据，这一时期包括三次经济衰退，两次主要的石油价格冲击，许多制造业的劳动力份额和就业水平的巨大变化，以及失业率的巨大变化。匹配的数据集很好地为研究人员调查有关市场行为的各种问题提供了依据。

The birth, growth, decline, and death of business establishments is a prominent, pervasive feature of market economies. The specialization of labor resources is another prominent feature of market economies. Taken together, these two observations point to the importance of the continuous reallocation of labor. Despite these features of market economies, the role of establishment-labor demand disturbances in the secular and cyclical behavior of the labor market remains unexplored. In this regard, one key issue is whether fluctuations in intrasectoral labor reallocation driven by establishment-level labor demand disturbances explain large movements in sectoral and aggregate unemployment rates. A second key issue is whether the concentration of employment losses across establishments within a declining sector plays an important role in the behavior of unemployment. The purpose of this project is to investigate these two key issues by combining unemployment data from the Current Population Survey with the newly-created Longitudinal Establishment Datafile (LED) for manufacturing industries. The LED file provides longitudinal data for individual establishments in U.S. manufacturing industries from 1972 to 1983, a period that encompasses three recessions, two major oil price shocks, dramatic shifts in the labor force shares and employment levels of many manufacturing industries, and dramatic movements in unemployment rates. The matched data set well provide researchers investigating a variety of questions about market behavior.