TY - JOUR AU - Haltiwanger,John AU - Scarpetta,Stefano AU - Schweiger,Helena TI - Assessing Job Flows Across Countries: The Role of Industry, Firm Size and Regulations JF - National Bureau of Economic Research Working Paper Series VL - No. 13920 PY - 2008 Y2 - April 2008 UR - http://www.nber.org/papers/w13920 L1 - http://www.nber.org/papers/w13920.pdf N1 - Author contact info: John C. Haltiwanger Department of Economics University of Maryland College Park, MD 20742 Tel: 301/405-3504 Fax: 301/405-3542 E-Mail: haltiwan@econ.umd.edu Stefano Scarpetta OECD Directorate for Employment, Labour and Social Affairs 2, rue Andrè-Pascal 75775 Paris Cedex 16, France E-Mail: stefano.scarpetta@oecd.org Helena Schweiger EBRD, Office of the Chief Economist One Exchange Square London EC2A 2JN United Kingdom E-Mail: helena.schweiger@gmail.com AB - This paper analyzes job flows in a sample of 16 industrial and emerging economies over the past decade, exploiting a harmonized firm-level dataset. It shows that industry and firm size effects (and especially firm size) account for a large fraction in the overall variability in job flows. However, large residual differences remain in the job flow patterns across countries. To account for the latter, the paper explores the role of differences in employment protection legislation across countries. Using a difference-in-difference approach that minimizes possible endogeneity and omitted variable problems, our findings show that hiring and firing costs tend to curb job flows, particularly in those industries and firm size classes that require more frequent labor adjustment. ER -