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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21235 |
来源ID | Working Paper 21235 |
Cyclical Reallocation of Workers Across Employers by Firm Size and Firm Wage | |
John Haltiwanger; Henry Hyatt; Erika McEntarfer | |
发表日期 | 2015-06-08 |
出版年 | 2015 |
语种 | 英语 |
摘要 | Do the job-to-job moves of workers contribute to the cyclicality of employment growth at different types of firms? In this paper, we use linked employer-employee data to provide direct evidence on the role of job-to-job flows in job reallocation in the U.S. economy. To guide our analysis, we look to the theoretical literature on on-the-job search, which predicts that job-to-job flows should reallocate workers from small to large firms. While this prediction is not supported by the data, we do find that job-to-job moves generally reallocate workers from lower paying to higher paying firms, and this reallocation of workers is highly procyclical. During the Great Recession, this firm wage job ladder collapsed, with net worker reallocation to higher wage firms falling to zero. We also find that differential responses of net hires from non-employment play an important role in the patterns of the cyclicality of employment dynamics across firms classified by size and wage. For example, we find that small and low wage firms experience greater reductions in net hires from non-employment during periods of economic contractions. |
主题 | Macroeconomics ; Consumption and Investment ; Business Cycles ; Labor Economics ; Unemployment and Immigration |
URL | https://www.nber.org/papers/w21235 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578910 |
推荐引用方式 GB/T 7714 | John Haltiwanger,Henry Hyatt,Erika McEntarfer. Cyclical Reallocation of Workers Across Employers by Firm Size and Firm Wage. 2015. |
条目包含的文件 | 条目无相关文件。 |
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