Labor reallocation and demographics |
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Authors: | Joanna Tyrowicz Lucas van der Velde |
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Institution: | 1. FAME | GRAPE, Poland;2. IAAEU, Germany;3. IZA, Germany;4. University of Warsaw, Poland;5. Warsaw School of Economics, Poland |
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Abstract: | We explore data from all transition economies over nearly two decades, providing insights on the mechanisms behind labor force reallocation. We show that worker flows between jobs in different industries are rare relative to the demographic flows of youth entry and elderly exit. The same applies to the flows between state-owned enterprises and private firms. In fact, evidence suggest that changes in the demand for labor were accommodated mostly through demographic flows, with a smaller role left for job transitions. We also show that the speed of changing the ownership structure in the economy has driven exits to retirement, in particular the early exits. |
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Keywords: | Hirings Separations Transition Worker flows Unemployment Retirement P2 P5 D2 J6 |
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