Trend Employment Growth and the Bunching of Job Creation and Destruction

S-Tier
Journal: Quarterly Journal of Economics
Year: 1998
Volume: 113
Issue: 3
Pages: 809-834

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Research using U. S. manufacturing data finds that job destruction fluctuates more over time than job creation, but some new data indicate that this behavior is not shared in growing sectors, where job creation varies more. An explanation for this finding based on the interaction between (S,s)-type adjustment and trend employment growth delivers some tight predictions for the relationship between trend growth and the volatility of creation relative to destruction. Although it scores some notable successes, the simple (S,s)-based model augmented with a low-frequency trend cannot fully account for the strength of the empirical relationship between relative gross-flow volatility and trend growth across one-digit industries.

Technical Details

RePEc Handle
repec:oup:qjecon:v:113:y:1998:i:3:p:809-834.
Journal Field
General
Author Count
1
Added to Database
2026-01-25