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    Labour market flows: facts from the United Kingdom

    Gomes, Pedro (2012) Labour market flows: facts from the United Kingdom. Labour Economics 19 (2), pp. 165-175. ISSN 0927-5371.

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    Abstract

    This paper documents a number of facts about worker gross flows in the United Kingdom for the period between 1993 and 2010. Using Labour Force Survey data, I examine the size and cyclicality of the flows and transition probabilities between employment, unemployment and inactivity, from several angles. I examine aggregate conditional transition probabilities, job-to-job flows, employment separations by reason, flows between inactivity and the labour force and flows by education. I decompose contributions of job-finding and job-separation rates to fluctuations in the unemployment rate. Over the past cycle, the job-separation rate has been as relevant as the job-finding rate.

    Metadata

    Item Type: Article
    Keyword(s) / Subject(s): Worker gross flows, Job-finding rate, Job-separation rate, Transition probabilities
    School: Birkbeck Schools and Departments > School of Business, Economics & Informatics > Economics, Mathematics and Statistics
    Research Centre: Applied Macroeconomics, Birkbeck Centre for
    Depositing User: Pedro Gomes
    Date Deposited: 12 Oct 2017 09:11
    Last Modified: 27 Jul 2019 06:07
    URI: http://eprints.bbk.ac.uk/id/eprint/20033

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