@TechReport{iza:izadps:dp17719,
            	author={Borowczyk-Martins, Daniel},
            	title={Employer-to-Employer Mobility and Wages in Europe and the United States},
            	year={2025},
	month={Feb},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={17719},
            	url={https://www.iza.org/publications/dp17719},
	abstract={I produce novel evidence on worker reallocation across employers and between employment and nonemployment/unemployment for several European countries over the past two decades. I construct a dataset of monthly transition rates by developing a novel approach to measure them using cross-sectional data from the European Union Labor Force Survey. Transition rates exhibit similar cyclical patterns across countries, but their levels are persistently different. I compute an indicator of the pace of worker reallocation up the job ladder, and find that it varies substantially across countries, is pro-cyclical, and exhibits a systematic positive relationship with wage inflation.},
	keywords={labor market flows;job ladder;business cycles;wage inflation;Phillips curve},
            }