We use direct information on quarterly establishment-level hires and separations, as well as employee stocks to analyse the dynamics of permanent and temporary contracts. Job and worker flow rates for temporary contracts, indicating that previous results based on all types of contracts are...

We report results indicating that job turnover is not countercyclical in general but rather reflects the inability of smooth labor adjustment through the use of temporary employment contracts. Service establishments with a high share of temporary employment exhibit acyclical job reallocation,...

We examine the effect of firm profits on wages for individual workers while focusing on the empirical complications associated with estimating the extent of rent-sharing. Controlling for worker and firm fixed-effects and using several instruments to deal with the endogeneity of profits, we...