Cyclical Job Ladders by Firm Size and Firm Wage

被引：58
|
作者：
Haltiwanger, John C. [1 ]
Hyatt, Henry R. [2 ]
Kahn, Lisa B. [3 ]
McEntarfer, Erika [2 ]
机构：
[1] Univ Maryland, Dept Econ, College Pk, MD 20742 USA
[2] US Bur Census, Ctr Econ Studies, 4600 Silver Hill Rd, Washington, DC 20233 USA
[3] Yale Univ, Sch Management, New Haven, CT 06520 USA
来源：
AMERICAN ECONOMIC JOURNAL-MACROECONOMICS | 2018年 / 10卷 / 02期
关键词：
EMPLOYER SIZE; PRODUCTIVITY; DISPERSION; TURNOVER; MOBILITY; CREATION; SEARCH; FLOWS;
D O I：
10.1257/mac.20150245
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We study whether workers progress up firm wage and size job ladders, and the cyclicality of this movement. Search theory predicts that workers should flow toward larger, higher paying firms. However, we see little evidence of a firm size ladder, partly because small, young firms poach workers from all other businesses. In contrast, we find strong evidence of a firm wage ladder that is highly procyclical. During the Great Recession, this firm wage ladder collapsed, with net worker reallocation to higher wage firms falling to zero. The earnings consequences from this lack of upward progression are sizable.
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页码：52 / 85
页数：34
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