Staff Reports

Job-Finding and Separation Rates in the OECD

August 2007  Number 298
JEL classification: C78, D21, E24, J6, L26

Authors: Bart Hobijn and Ayşegül Şahin

In this paper, we provide a set of comparable estimates of aggregate monthly job-finding and separation rates for twenty-seven OECD (Organisation for Economic Co-operation and Development) countries; these estimates can be used for the cross-country calibration of search models of unemployment. We find that cross-country differences in job-finding rates are much greater than those in separation rates. Our results are quantitatively and qualitatively in line with those published in previous studies; however, they cover a much larger set of countries. We combine our estimates with evidence on unemployment and labor force participation rates to impute steady-state worker flows for twenty-three of the countries in our sample.

Available only in PDF PDF 31 pages / 1.71 mb

For a published version of this report, see Bart Hobijn and Ayşegül Şahin, "Job-Finding and Separation Rates in the OECD," Economics Letters 104, no. 3 (2009): 107-11.