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来源类型Working Paper
规范类型报告
DOI10.3386/w25786
来源IDWorking Paper 25786
Earnings Dynamics and Firm-Level Shocks
Benjamin Friedrich; Lisa Laun; Costas Meghir; Luigi Pistaferri
发表日期2019-04-29
出版年2019
语种英语
摘要We use matched employer-employee data from Sweden to study the role of the firm in affecting the stochastic properties of wages. Our model accounts for endogenous participation and mobility decisions. We find that firm-specific permanent productivity shocks transmit to individual wages, but the effect is mostly concentrated among the high-skilled workers. For low-skilled the pass-through is similar for temporary and permanent firm-level shocks and the magnitude smaller. The updates to worker-firm specific match effects over the life of a firm-worker relationship are small. Substantial growth in earnings variance over the life cycle for high-skilled workers is driven by firms. In particular, cross-sectional wage variances by age 55 are roughly one-third higher relative to a scenario with no pass-through of firm shocks onto wages.
主题Health, Education, and Welfare ; Health ; Labor Economics ; Labor Supply and Demand ; Labor Compensation ; Unemployment and Immigration
URLhttps://www.nber.org/papers/w25786
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/583459
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GB/T 7714
Benjamin Friedrich,Lisa Laun,Costas Meghir,et al. Earnings Dynamics and Firm-Level Shocks. 2019.
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