Scandinavian Working Papers in Economics
CLS Working Papers,
University of Aarhus, Aarhus School of Business, Centre for Labour Market and Social Research
No 01-11: Where did they go ?
Anders Frederiksen () and Niels Westergaard-Nielsen ()
Additional contact information
Anders Frederiksen: Centre for Labour Market and Social Research, Aarhus School of Business, Postal: The Aarhus School of Business, Prismet, Silkeborgvej 2, DK 8000 Aarhus C, Denmark
Niels Westergaard-Nielsen: Centre for Labour Market and Social Research, Aarhus School of Business, Postal: The Aarhus School of Business, Prismet, Silkeborgvej 2, DK 8000 Aarhus C, Denmark
Abstract: We study individual job-separations and their associated destination states for all individuals in the private sector in Denmark for the period 1980 to 1995 and account for the cyclical flows. We find that individual and workplace characteristics as well as business cycle effects are important in explaining the individual behaviour. In policy simulations we look at the impact on individual transitions. We find that structural and growth policies have different implications for the economy. Policy interventions with the purpose of preventing firm closures are argued to be inefficient.
Keywords: Business cycles; Jopseparations; Transition probabilities
18 pages, June 27, 2002
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