| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w23102 |
| 来源ID | Working Paper 23102 |
| Firm Performance and the Volatility of Worker Earnings | |
| Chinhui Juhn; Kristin McCue; Holly Monti; Brooks Pierce | |
| 发表日期 | 2017-01-30 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | Using linked employer-employee data for the U.S., we examine whether shocks to firm revenues are transmitted to the earnings of continuing employees. While full insurance is rejected, the elasticity of worker earnings with respect to persistent shocks in firm revenues is small and consistent with the notion that firms insulate workers from idiosyncratic shocks. Exploring heterogeneity of effects, we find the largest elasticity in professional services, among employees in the top 5% of their employers’ earnings distribution, suggesting that in certain jobs performance pay may be a countervailing force to wage insurance. |
| 主题 | Labor Economics ; Labor Compensation |
| URL | https://www.nber.org/papers/w23102 |
| 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/580776 |
| 推荐引用方式 GB/T 7714 | Chinhui Juhn,Kristin McCue,Holly Monti,et al. Firm Performance and the Volatility of Worker Earnings. 2017. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w23102.pdf（659KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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