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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 Faculties and Schools > Faculty of Business and Law > Birkbeck Business School
Research Centres and Institutes: Applied Macroeconomics, Birkbeck Centre for
Depositing User: Pedro Gomes
Date Deposited: 12 Oct 2017 09:11
Last Modified: 19 Feb 2025 00:26
URI: https://eprints.bbk.ac.uk/id/eprint/20033

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