The reallocation of labour and the lifecycle of firms

Simon Burgess, Julia Lane, David Stevens

Research output: Contribution to journalArticle

Abstract

This paper uses a unique US panel dataset of firms and workers to investigate the relationship between the firm's lifecycle and the reallocation of labour. We distinguish labour reallocation associated with job reallocation, and reallocation of workers over a fixed configuration of jobs. We find that firms at the beginning and end of their lifecycles contribute disproportionately to labour market flows, with sorting between firms particularly important among young firms, whereas sorting within firms is more important among mature firms. We also find that high churning flows are associated with a lower probability of a young firm surviving.

Original languageEnglish (US)
Pages (from-to)885-906
Number of pages22
JournalOxford Bulletin of Economics and Statistics
Volume62
Issue numberSUPPL.
StatePublished - Dec 2000

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Life Cycle
labor
firm
Sorting
worker
Business
Labor
Life cycle
Reallocation
labor market
Configuration

ASJC Scopus subject areas

  • Economics and Econometrics
  • Statistics and Probability
  • Social Sciences (miscellaneous)

Cite this

The reallocation of labour and the lifecycle of firms. / Burgess, Simon; Lane, Julia; Stevens, David.

In: Oxford Bulletin of Economics and Statistics, Vol. 62, No. SUPPL., 12.2000, p. 885-906.

Research output: Contribution to journalArticle

Burgess, Simon ; Lane, Julia ; Stevens, David. / The reallocation of labour and the lifecycle of firms. In: Oxford Bulletin of Economics and Statistics. 2000 ; Vol. 62, No. SUPPL. pp. 885-906.
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