consistent with patterns found in the data. Moreover, workers with more past experience will on average have less wage volatility …

consistent with patterns found in the data. Moreover, workers with more past experience will on average have less wage volatility …

groups of workers. Compositional changes, by contrast, account for at most 12% of the increase in relative wage volatility …. Using a Dynamic Stochastic General Equilibrium (DSGE) model, we show that the observed increase in relative wage volatility … increase in relative wage volatility. At the same time, increased wage flexibility generates a substantial decrease in the …

explain the relationship between firm and wage volatility, we investigate this linkage in three complementary panel data sets … churning as an explanation for the link to firm performance in high-frequency (over spans of five years) wage volatility … turbulence explains about 60 percent of the recent rise in high-frequency (five-year) wage volatility. …

trade-induced increases in labor demand elasticities. Direct evidence suggests, however, that trade exposure raises wage … volatility; 9) There is no evidence of substantial employment contraction in import competing sectors. …