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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25786 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w25786 |
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/583459 |
推荐引用方式 GB/T 7714 | Benjamin Friedrich,Lisa Laun,Costas Meghir,et al. Earnings Dynamics and Firm-Level Shocks. 2019. |
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 | ||
w25786.pdf(836KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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