Value added, wages and labour market flows at the establishment level

Journal article


Publication Details

Author(s): Merkl C, Stüber H
Journal: Applied Economics Letters
Publication year: 2019
Volume: 26
Journal issue: 2
Pages range: 135-142
ISSN: 1350-4851
Language: English


Abstract


In this article, we analyse the connection between value added, wages and labour market flows at the establishment level. We develop a simple model to illustrate the expected comovement of these variables. For the empirical analysis, we link the new German Administrative Wage and Labor Market Flow Panel data set to the IAB Establishment Panel. We show that establishments’ hires rates have a positive and separations rates a negative comovement with establishment-specific value added, whereby hires react by more than separations. In addition, we provide evidence that establishments’ partial equilibrium reaction is an important driver for aggregate labour market dynamics.


FAU Authors / FAU Editors

Merkl, Christian Prof. Dr.
Lehrstuhl für Volkswirtschaftslehre, insbesondere Makroökonomik
Stüber, Heiko Dr.
Lehrstuhl für Volkswirtschaftslehre, insbesondere Makroökonomik


How to cite

APA:
Merkl, C., & Stüber, H. (2019). Value added, wages and labour market flows at the establishment level. Applied Economics Letters, 26(2), 135-142. https://dx.doi.org/10.1080/13504851.2018.1441501

MLA:
Merkl, Christian, and Heiko Stüber. "Value added, wages and labour market flows at the establishment level." Applied Economics Letters 26.2 (2019): 135-142.

BibTeX: 

Last updated on 2019-14-01 at 09:08