Labour Reallocation in Recession and Recovery: Evidence for Europe

Eric Bartelsman, Paloma Lopez-Garcia, Giorgio Presidente

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

This paper builds upon Bartelsman, Lopez-Garcia, and Presidente (2018) and provides empirical evidence on the cyclical features of labour reallocation in a sample of European Union (EU) countries over the Great Recession and the slow recovery. The analysis makes use of cross-country micro-aggregated data on firm dynamics and productivity from release 6 of the ECB CompNet database. While productivity-enhancing reallocation generally is counter-cyclical, with a stronger effect providing a silver lining in downturns, it was weaker during the Great Recession in the EU, but reverted back to more normal patters in the most recent years.

Original languageEnglish
Pages (from-to)R32-R39
JournalNational Institute Economic Review
Volume247
Issue number1
DOIs
Publication statusPublished - 1 Feb 2019

Fingerprint

Labor reallocation
European Union
Recession
Great Recession
Empirical evidence
Firm productivity
Firm dynamics
Productivity
Data base
Reallocation
Micro data

Keywords

  • E24
  • E32
  • employment
  • Great Recession
  • J63
  • O4
  • reallocation

Cite this

Bartelsman, Eric ; Lopez-Garcia, Paloma ; Presidente, Giorgio. / Labour Reallocation in Recession and Recovery : Evidence for Europe. In: National Institute Economic Review. 2019 ; Vol. 247, No. 1. pp. R32-R39.
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Labour Reallocation in Recession and Recovery : Evidence for Europe. / Bartelsman, Eric; Lopez-Garcia, Paloma; Presidente, Giorgio.

In: National Institute Economic Review, Vol. 247, No. 1, 01.02.2019, p. R32-R39.

Research output: Contribution to JournalArticleAcademicpeer-review

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