%0 Report
        %A Borowczyk-Martins, Daniel
        %T Employer-to-Employer Mobility and Wages in Europe and the United States
        %D 2025
        %8 2025 Feb
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 17719
        %U https://www.iza.org/publications/dp17719
        %X 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.
        %K labor market flows
%K job ladder
%K business cycles
%K wage inflation
%K Phillips curve