{"id":113066,"date":"2024-01-22T17:50:40","date_gmt":"2024-01-22T16:50:40","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/113066\/"},"modified":"2024-11-18T13:36:40","modified_gmt":"2024-11-18T12:36:40","slug":"an-anatomy-of-firm-level-job-creation-rates-over-the-business-cycle","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/113066\/","title":{"rendered":"An Anatomy of Firm Level Job Creation Rates over the Business Cycle"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-113066","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"We study the evolution and cyclical dependency of the cross sectional distribution of firm level job creation rates from 1975 to 2004 for the Austrian private sector. We find that the share of firms that o not adjust has declined over time, but that the share of entries, exits, growing and declining firms increased. The share of firms adjusting is higher in upswings than in downturns and the higher order moments of the job creation distribution follow distinct cyclical patterns. The smallest firms and firms at the extremes of the growth rate distribution are largely unaffected by the business cycle.","onlinedate":"2009-10-20 02:00:00","lang":"English","publication_series":"","publication_date":"20091001","publication_date_year":"","publication_date_full":false,"publication_num_pages":"38","keywords":"[\"Business Cycle\",\"Employment Adjustment\",\"Firm growth KP_Berichte_Analysen\"]","jelcodes":"[]","related_publications":"[]","pdf":416492,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"348","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44410],"research_groups":[3491,3481],"collaboration":"","persons":[3607,3621],"persons_data":"[{\"personId\":3607,\"personName\":\"Werner H\u00f6lzl\",\"organisationNames\":[]},{\"personId\":3621,\"personName\":\"Peter Huber\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>H\u00f6lzl, W.<\\\/span><span>, &amp; Huber, P.<\\\/span> (2009). <span>An Anatomy of Firm Level Job Creation Rates over the Business Cycle<\\\/span>. <span><em>WIFO Working Papers<\\\/em><\\\/span>, (348). <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/37144\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/37144<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>H\u00f6lzl W<\\\/span><span>, Huber P<\\\/span>. <span class=\\\"title\\\"><span>An Anatomy of Firm Level Job Creation Rates over the Business Cycle<\\\/span><\\\/span>. <span>WIFO Working Papers<\\\/span>. 2009 Oct;(348).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{2156667613dc4ed2a2e02e0abb9ad48f,<\\\/div><div>  title    = \\\"An Anatomy of Firm Level Job Creation Rates over the Business Cycle\\\",<\\\/div><div>  abstract = \\\"We study the evolution and cyclical dependency of the cross sectional distribution of firm level job creation rates from 1975 to 2004 for the Austrian private sector. We find that the share of firms that o not adjust has declined over time, but that the share of entries, exits, growing and declining firms increased. The share of firms adjusting is higher in upswings than in downturns and the higher order moments of the job creation distribution follow distinct cyclical patterns. 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We find that the share of firms that o not adjust has declined over time, but that the share of entries, exits, growing and declining firms increased. The share of firms adjusting is higher in upswings than in downturns and the higher order moments of the job creation distribution follow distinct cyclical patterns. The smallest firms and firms at the extremes of the growth rate distribution are largely unaffected by the business cycle.<\\\/p><p>AB  - We study the evolution and cyclical dependency of the cross sectional distribution of firm level job creation rates from 1975 to 2004 for the Austrian private sector. We find that the share of firms that o not adjust has declined over time, but that the share of entries, exits, growing and declining firms increased. The share of firms adjusting is higher in upswings than in downturns and the higher order moments of the job creation distribution follow distinct cyclical patterns. 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