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的、普遍的特征。 的 劳动力资源的专业化是另一个突出特点， 市场经济。 综合起来，这两个观察结果表明， 劳动力持续再分配的重要性 尽管有这些 市场经济的特点，建立劳动力需求的作用 劳动力市场长期和周期性行为的扰动 仍然未被探索。 在这方面，一个关键问题是， 部门内劳动力再分配的波动， 企业层面的劳动力需求扰动解释了大幅度的变动 部门和总体失业率。 第二个关键问题是 企业之间的就业损失是否集中 在一个衰退的行业中， 失业 本项目的目的是调查这两个关键问题， 将当前人口调查的失业数据与 新创建的纵向机构数据文件（LED）， 制造业。 LED文件提供纵向数据， 1972年至1979年美国制造业中的个体企业 1983年，这一时期经历了三次衰退，两次主要的油价下跌， 冲击，劳动力份额和就业水平的急剧变化 许多制造业，和戏剧性的运动， 失业率。 匹配的数据集很好地为研究人员提供了 调查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.