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来源类型Working Paper
规范类型报告
DOI10.3386/w21235
来源IDWorking 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
URLhttps://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.
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