Piekkola, Hannu; Böckerman, Petri - 2000
This study contains an empirical analysis of gross job and worker flows in the context of the great depression of the … propensity to loose jobs in the recession. But because of the high cyclicality of job creation, job reallocation is approximately …. The most likely explanation for this is the decrease in voluntary worker flow during the great depression of the 1990s …