Data for: The cyclicality of the separation and job finding rates in France

Abstract of associated article: In this paper, we shed light on the relative contribution of the separation and job finding rates to French unemployment at business cycle frequencies by using administrative data on registered unemployment and labor force surveys. We first investigate the fluctuations in steady state unemployment, and then in current unemployment in order to take into account the unemployment deviations from equilibrium. Both data sets lead to quite similar results. Both rates contributed to unemployment fluctuations during the nineties (50:50 split), while in the last decade the job finding rate was more significant and explained around 65% of the French unemployment fluctuations. In particular, the last business cycle episode, including the last recession, exacerbated the role of the job finding rate. We then show that the predominant role of the job finding rate in the last decade holds when the economy is hit by aggregate business cycle shocks, moving unemployment and vacancies along the Beveridge curve.本文依托登记失业行政数据与劳动力调查数据，剖析了商业周期频率下离职率（separation rate）与求职率（job finding rate）对法国失业率的相对贡献。我们首先分析稳态失业率的波动，随后转而考察当期失业率，以纳入对失业率偏离均衡水平情况的考量。两类数据源得到的结果高度相近：20世纪90年代，两类因素对失业率波动的贡献各占50%；而近十年，求职率的影响更为显著，解释了约65%的法国失业率波动。尤其是在上一轮商业周期中，包括最近的经济衰退在内，求职率的作用被进一步强化。我们随后的分析表明，当经济遭遇总体商业周期冲击、推动失业率与职位空缺沿贝弗里奇曲线（Beveridge curve）变动时，近十年求职率占据主导地位的结论依然成立。