In a seminal paper, Davis and Haltiwanger (1990) demonstrate that recessions are associated with an increase in job … reallocation, at least in the manufacturing sector. The conventional view has interpreted this as evidence of "cleansing" effects …

In a seminal paper, Davis and Haltiwanger (1990) demonstrate that recessions are associated with an increase in job … reallocation, at least in the manufacturing sector. The conventional view has interpreted this as evidence of "cleansing" effects …

compared to results on U.S. data, the average pace of job reallocation has not been as high. However, masked behind low … averages are periods of large-scale job reallocation and, in particular, we find that job reallocation exhibits a … observable characteristics of the plant. Instead most job reallocation takes place within narrowly defined sectors of the …

to results on U.S. data, the average pace of job reallocation has not been as high. However, masked behind low averages … are periods of large-scale job reallocation and, in particular, we find that job reallocation exhibits a countercyclical … characteristics of the plant. Instead most job reallocation takes place within narrowly defined sectors of the manufacturing sector …

and patterns of job creation, job destruction and job reallocation among Catalan industrial plants in 1996. Gross job … creation and destruction rates are estimated to be 6Ž1% and 3Ž4%, respectively, which gives a gross job reallocation rate of …