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The purpose of this paper is to examine the dynamics of labour market flows over the business cycle through a vacancy chain model. It provides a direct computation of vacancy chains using micro data, empirically investigates the relationship between chain length and the characteristics of jobs and workers initiating the chain, and finally assesses the wage progression of workers moving along the chain.

The paper draws on a longitudinal matched employer-employee database covering all employees in manufacturing in a large region of Italy. A transparent algorithm for vacancy chain computation is developed and standard econometric techniques are employed to analyze job-to-job transitions within identified chains.

Vacancy chains account on average for more than one-third of total hires, and both the number and the length of chains are clearly pro-cyclical. Chains set in motion by women workers, young, old, blue collars, or employed by small firms tend to be shorter. There is a well-defined wage progression from the tail to the head of the chain, revealing that workers are sorted along chains according to skill and/or bargaining power.

There is a limited possibility of identifying separately individual ability and bargaining power.

The vacancy chain methodology can increase the ability of policy makers to produce detailed maps of the labour market and identify worker profiles associated with poor outcomes and hence deserving special attention.

For the first time, this paper operationalizes the vacancy chain approach on a large scale, at a very high level of detail, and over a long-time span.

Job and worker flows in the Finnish business sector are studied during a deep recession in the early 1990s. The data set covers effectively the whole work force. The gross job and worker flow rates are fairly high. The evidence suggests that the adjustment of labor input has happened through a reduced hiring rate rather than through an increased separation rate. However, during the recession the group of declining plants included more and larger plants than before, which led to reduced employment. Excess worker turnover (churning) and excess job reallocation have been low during the recession. The evidence of the countercyclicality of job reallocation is mixed. The flows are calculated both for the whole business sector, and for seven main industries. Services have clearly higher flow rates than manufacturing, but the cyclical changes in the flows are fairly similar in all industries. To test the sensitivity of the results to data sources, job flows are calculated from three different statistics.

The purpose of this paper is to overcome the problems that skill mismatch cannot be measured directly and that demand side data are lacking. It relates demand and supply side characteristics by aggregating data from jobs ads and jobholders into occupations. For these occupations skill mismatch is investigated by focussing on demand and supply ratios, attained vis-à-vis required skills and vacancies’ skill requirements in relation to the demand-supply ratios.

Vacancy data from the EURES job portal and jobholder data from WageIndicator web-survey were aggregated by ISCO 4-digit occupations and merged in a database with 279 occupations for Czech Republic, being the only European country with disaggregated occupational data, coded educational data, and sufficient numbers of observations.

One fourth of occupations are in excessive demand and one third in excessive supply. The workforce is overeducated compared to the vacancies’ requirements. A high demand correlates with lower educational requirements. At lower occupational skill levels requirements are more condensed, but attainments less so. At higher skill levels, requirements are less condensed, but attainments more so. Educational requirements are lower for high demand occupations.

Using educational levels is a limited proxy for multidimensional skills. Higher educated jobholders are overrepresented.

In Europe labour market mismatches worry policy makers and Public Employment Services alike.

The authors study is the first for Europe to explore such a granulated approach of skill mismatch.

Addresses the question of whether a high turnover of staff is accompanied by lower investment in company‐training. By means of a written questionnaire, data were collected from 223 companies in four different sectors: the food sector, the wholesale trade, the printing industry and the software sector. Besides the turnover of staff, introduces the degree of contractual flexibility and the existence of an internal labour market as explanatory variables in the discussion. In contradiction to most labour economic thinking on training, finds a positive relationship between fluctuations in the number of employees and the investment in training. The findings indicate that company training is particularly concentrated on inflow and replacement problems. Therefore, concludes that financial support measures of governments might benefit more the recruitment policy of companies instead of the high ideal of “lifelong learning”.

In the last two decades the economic literature has devoted significant attention to the mechanisms behind firms′ recruitment strategies as a possible way of reducing (un)employment problems. At the workfloor many efforts have also been made by firms to develop strategies that both alleviate conflicts with employees and at the same time lead to acceptable levels of productivity. This effort has resulted in the broad acceptance of the personnel management function in the firm. Examines how successful this approach has been by focusing on the gap between practice and theory in recruitment, by investigating the extent to which and the way in which experiences and findings from actual recruitment (personnel management) have been incorporated in economic theory. Gives an overview of findings on recruitment and selection strategies of firms, with a particular emphasis on economic motives.

This research examined the different profile of individual, opportunity structure, and career strategy variables related to both objective (salary) and subjective (self‐perceived) career success. Questionnaire data were obtained from a stratified sample of 723 full‐time employees at several higher education institutions in the north of England. Controlling for age, tenure, gender, and occupation, a different profile of factors predicted objective and subjective career success. The highest objective career success was reported by employees with a high level of education, who worked in larger organizations with well‐structured progression ladders and invested considerable effort in their work role. In contrast, the highest subjective career success was reported by employees who were high on work centrality, who worked in organizations with well‐structured progression ladders and employment security, and who networked frequently yet reported a lack of ambition. The theoretical and practical implications of these findings are discussed, together with avenues for further research.

The purpose of this paper is to examine how Chinese immigrant businesses in Australia were able to shift from low return start-up businesses and move to more competitive business models targeting mainstream clientele. The research aims to identify the factors enabling a break-out strategy for these entrepreneurs and whether a horizontal or vertical break-out was achieved.

A qualitative research method with in-depth interviews is employed. Interviews were conducted with 55 Chinese immigrant business owners in Sydney and Canberra.

The analysis found that a break-out strategy depended on a range of business activities, including innovation, marketing, networking and personnel strategies. Importantly, the current research found that these resources have varying degrees of importance in the different stages of the transition to the new business model. Accumulating sufficient financial capital was a fundamental enabler for a break-out strategy, followed by the capacity to learn and benefit from the experience of social networks.

The current research highlights the importance of financial capital and capacity to benefit from social networks as fundamental factors in enabling a break-out strategy. The benefit of the qualitative approach in obtaining rich data needs to be offset by potential limitations on generalisability. Future research could incorporate comparison between different size businesses as well as analysing factors underpinning a failure to successfully implement a break-out.

The findings indicate that business support groups and policymakers could review access to financial capital for entrepreneurs seeking break-outs, consider improving opportunities for developing capacity to utilise heterogeneous social networks, and consider pathways for improving skills acquisition amongst immigrant entrepreneurs.

This paper contributes to the research literature on break-out strategies used by immigrant entrepreneurs by analysing, in detail, the transition steps undertaken by ethnic Chinese entrepreneurs in the shift to more competitive business models.

The purpose of this paper is to describe and assess the sustainability of an emergent West African business quarter in Manchester, UK. Comparisons are drawn with developments among other ethnic groups. The research is placed in the context of international literature on ethnic entrepreneurship.

The research is primarily qualitative, using semi‐structured interviews and conversational life histories with a sample of West African retail businesses and a comparative group of other local businesses. Some use is made of quantitative information from census and other public data sources.

New West African enterprises appear, over the last few years, to have stabilised the declining retail district of Moston Lane in north Manchester. These new businesses are however confined to few sectors: food stores, hair and beauty salons, cafes, Internet cafes and clothing shops. These developments may parallel the success of longer established retail quarters in Manchester and elsewhere. However, most of the businesses may not survive long, having provided a temporary living, and some entrepreneurial experience, for their owners.

Limited sample size and short time frame make results exploratory rather than definitive. The research provides however a base for future investigations.

The businesses studied provide economic opportunities for some immigrants with limited labour market opportunities.

Immigrants are helped to maintain the integrity of their culture through the purchase of appropriate goods and services.

This paper provides the first consideration of a specifically African retail quarter in Britain, adding an additional ethnicity to the roster of identifiable geographic business locations.

The paper investigates the scale of relocations generated by property‐led regeneration schemes and identifies the perceived benefits accruing to occupiers of relocating to such developments. In so doing the implications for the local property market of such moves, in respect of the performance of new and existing developments, are revealed.

The purpose of this paper is to explore the marketing of online businesses operated by ethnic minority entrepreneurs. The authors apply an entrepreneurial marketing lens to explore how such entrepreneurs draw on the resources to market their businesses. They also consider whether online businesses offer such entrepreneurs the opportunity to break out of the highly competitive sectors with which they are traditionally associated.

Key informant interviews are undertaken with 22 entrepreneurs operating online businesses in the UK and augmented by complementary sources of data such as their websites and press coverage.

Use of an entrepreneurial marketing perspective demonstrates that marketing in such businesses is not haphazard or chaotic. Rather it reflects the emergent and flexible use of resources. The affordances of online businesses appear to offer opportunities for break out, but the reliance on incremental experimentation and copying others results in highly homogeneous approaches to marketing. The authors also provide empirical evidence of the link between visa status and entrepreneurial choices.

Despite the popularity of online businesses, previous studies have not explored them as an opportunity for ethnic minority entrepreneurs. This study moves the consideration of break out from market-entry to the ongoing marketing activities that sustain a business. It also demonstrates how the domains of ethnic minority entrepreneurship and entrepreneurial marketing can be brought together via a focus on resources. Finally, it enriches entrepreneurial marketing by evidencing connections with notions of effectuation and entrepreneur-venture fit.