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

商业机构的诞生、发展、衰落和灭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突出特征。综上所述，这两个观察结果表明了劳动力持续重新分配的重要性。尽管市场经济具有这些特征，但建制派-劳动力需求扰动在劳动力市场的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，由机构层面的劳动力需求扰动推动的沿海地区劳动力重新分配的波动是否解释了部门和总失业率的巨大变动。第二个关键问题是，就业损失集中在一个衰落行业内的各个机构，是否对失业行为起到了重要作用。该项目的目的是通过将当前人口调查中的失业数据与新创建的制造业纵向设施数据文件(LED)相结合来调查这两个关键问题。LED文件提供了1972年至1983年美国制造业个别机构的纵向数据，这段时期经历了三次衰退、两次重大油价冲击、许多制造业劳动力比例和就业水平的戏剧性变化，以及失业率的戏剧性波动。匹配的数据集很好地为研究人员提供了调查有关市场行为的各种问题。

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.