Data and Code for: "Declining Worker Turnover: the Role of Short Duration Employment Spells"

Principal Investigator(s): View help for Principal Investigator(s) Michael Pries, Univ. of Notre Dame; Richard Rogerson, Princeton University

Version: View help for Version V1

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data			09/20/2020 01:58:PM
programs			09/20/2020 01:49:PM
README.pdf	application/pdf	120.5 KB	09/20/2020 10:13:AM

Project Citation:

Pries, Michael, and Rogerson, Richard. Data and Code for: “Declining Worker Turnover: the Role of Short Duration Employment Spells.” Nashville, TN: American Economic Association [publisher], 2021. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2021-12-17. https://doi.org/10.3886/E120568V1

Project Description

Summary: Using the Quarterly Workforce Indicators database, we document that a significant amount of the decline in labor market turnover during the last two decades is accounted for by the decline in employment spells that last less just one or two quarters. This phenomenon is pervasive: short-term employment spells have declined across industries, firm-size categories, demographic groups, and geographic regions. Using a search and matching model in the Diamond-Mortensen-Pissarides tradition that incorporates noisy signals about the quality of a worker-firm match, we argue that improved screening by workers and firms can account for much of the decline in short-lived employment spells.

Scope of Project

Subject Terms: Labor market turnover; Short-term employment spells; Labor market dynamism

JEL Classification:
D85 Network Formation and Analysis: Theory
J63 Labor Turnover; Vacancies; Layoffs

Geographic Coverage: CA, CO, CT, FL, GA, HI, ID, IL, IN, KS, LA, MD, ME, MN, MO, MT, NC, ND, NJ, NM, NV, PA, RI, SC, SD, TN, TX, VA, WA, and WV

Time Period(s): 1999 – 2017

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Published Versions

V1 [2021-12-17]

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