We explore differences between two measurement concepts of worker flows widely used in the literature referred to as the turnover
and reallocation concepts. We find that measuring worker flows by the turnover concept leads to substantially (about 5 percent
of total employment) higher worker flow estimates and slightly increased age, size and industry group effects on firm level
worker flows as well as differences between growing and declining firms relative to the reallocation concept.
Keywords:Job and Worker Flows, Churning
Forschungsbereich:Strukturwandel und Regionalentwicklung