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Vacancy posting, job separation and unemployment fluctuations

机译:职位空缺,工作分离和失业波动

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摘要

What is the relative importance of hiring and separation in driving unemployment fluctuations? This paper presents a framework to decompose the moments of unemployment and study the respective contributions of vacancy posting, a measure of firms' hiring efforts, and separation. Separation accounts for about 40% of unemployment's variance, compared to 60% for vacancy posting, and contributes to about 60% of unemployment steepness asymmetry, the fact that unemployment increases faster than it decreases. Further, while vacancy posting is, on average, the most important contributor of unemployment fluctuations, the opposite is true around business cycle turning points, when separation is responsible for most of unemployment movements.
机译:雇用和离职对推动失业波动的相对重要性是什么?本文提供了一个分解失业时刻的框架,并研究了空缺职位,企业聘用努力和离职的各个方面的贡献。职位空缺占失业人数方差的40%,而职位空缺职位占60%,而失业率陡峭性的不对称性占60%,这是失业率增长快于失业率下降的事实。此外,虽然空缺职位平均是失业波动的最重要因素,但在商业周期转折点却是相反的情况,因为分离是造成大多数失业运动的原因。

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