Job-to-Job Flows and the Business Cycle

Hyatt, Henry; McEntarfer, Erika

doi:10.2139/ssrn.2017672

Cited by 25 publications

(46 citation statements)

References 12 publications

(17 reference statements)

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“…For most workers, these changes are associated with estimated earnings increases of 3.5-9%. For young workers under 30 years old-who are most likely to undergo such a change in employersthe median increase is more than 10% [2]. Second, employees tend to stay longer at the subsequent job than at the previous job.…”

Section: Motivationmentioning

confidence: 99%

“…The rate of job-to-job flows has declined in the US since 2000 [2]. This decline is related to a broader decline in employment dynamics around the same time: the rate of hires and separations declined, as did the rates at which jobs were created (through business entry and expansion) and destroyed (through business contraction and exit) [1].…”

Section: Decline In Job-to-job Flows Since 2000mentioning

confidence: 99%

“…The most experienced workers who leave their jobs tend to experience substantial earnings losses [2]. Well-matched workers tend to stay in their current job: a conventional explanation for why older workers tend to switch jobs less often than younger workers is that they have had more opportunities to find a job that is the best fit for them.…”

Section: Why Do Workers Switch Jobs?mentioning

confidence: 99%

“…took several years (see [2] and [7]). In the recently released public-use data product, jobto-job flows are indicated by a change in the employer that is the dominant source of earnings.…”

Section: Other Longitudinal or Retrospective Surveys Such As The Surmentioning

confidence: 99%

“…Previous work of the author contains a larger number of background references for the material presented here and has been used intensively in all major parts of this article [1], [2], [7]. Any opinions and conclusions expressed herein are those of the author and do not necessarily represent the views of the US Census Bureau.…”

Section: Acknowledgmentsmentioning

confidence: 99%

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The decline in job-to-job flows

Hyatt¹

2015

izawol

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Section: Motivationmentioning

confidence: 99%

Section: Decline In Job-to-job Flows Since 2000mentioning

confidence: 99%

Section: Why Do Workers Switch Jobs?mentioning

confidence: 99%

“…took several years (see [2] and [7]). In the recently released public-use data product, jobto-job flows are indicated by a change in the employer that is the dominant source of earnings.…”

Section: Other Longitudinal or Retrospective Surveys Such As The Surmentioning

confidence: 99%

Section: Acknowledgmentsmentioning

confidence: 99%

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The decline in job-to-job flows

Hyatt¹

2015

izawol

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Human capital, parent size, and the destination industry of spinouts

Sakakibara

Balasubramanian

2019

Strategic Management Journal

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Research Summary We study how spinout founders' human capital and parent size relate to founders' propensity to stay in the same industry as their parents or to go outside the industry. Individuals with high human capital face a higher performance penalty if they form spinouts outside the parent industry, but they also face greater deterrence from large parents if they stay in that industry. Using matched employer–employee data on spinout founders and their coworkers, we find that individuals with higher human capital are less likely to form spinouts in distant industries than in the parent's industry. Further, we find that as parent size increases, such individuals are less likely to form spinouts in the parent's industry and more likely to form spinouts in distant industries. Managerial Summary We examine how the ability of potential entrepreneurs affects whether they found a startup in the same industry as their employers (“parents”) or in a different industry, and how that choice relates to the size of the parents. We find that founders with high ability are more likely to form a startup in the parents' industry. However, as the parent size increases, they are more likely to form a startup in a different industry. These findings suggest that while high‐ability founders want to benefit from their industry expertise by forming a startup in the parents' industry, some of them are dissuaded from doing so either because large parents try to retain high‐ability founders or because such founders want to avoid potential competition with large parents.

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Interstate Migration and Employer-to-Employer Transitions in the United States: New Evidence From Administrative Records Data

et al. 2018

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Declines in migration across labor markets have prompted concerns that the U.S. economy is becoming less dynamic. In this study, we examine the relationship between residential migration and employer-to-employer transitions in the United States, using both survey and administrative records data. We first note strong disagreement between the Current Population Survey (CPS) and other migration statistics on the timing and severity of any decline in U.S. interstate migration. Despite these divergent patterns for overall residential migration, we find consistent evidence of a substantial decline in economic migration between 2000 and 2010. We find that composition and the returns to migration have limited ability to explain recent changes in interstate migration.

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Job-to-Job Flows and the Business Cycle

Cited by 25 publications

References 12 publications

The decline in job-to-job flows

The decline in job-to-job flows

Human capital, parent size, and the destination industry of spinouts

Interstate Migration and Employer-to-Employer Transitions in the United States: New Evidence From Administrative Records Data

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