Similar Search Results

Labor Market Fluidity and Human Capital Accumulation

Engbom, Niklas - National Bureau of Economic Research - 2022

Using panel data from 23 OECD countries, I document that wages grow more over the life-cycle in countries where job …

Persistent link: https://www.econbiz.de/10012814473

Match Quality, Worker Productivity, and Worker Mobility : Direct Evidence From Teachers

Jackson, C. Kirabo - 2010

first estimates of worker-firm match quality using output data as opposed to inferring productivity from wages or employment … durations. Because teacher wages are essentially unrelated to productivity, this is compelling evidence that workers may seek …

Persistent link: https://www.econbiz.de/10012462663

Bonus Question : Does Flexible Incentive Pay Dampen Unemployment Dynamics?

Gaur, Meghana; Grigsby, John R.; Hazell, Jonathon; … - National Bureau of Economic Research - 2023

-order equivalent in an economy with flexible incentive pay and without bargaining, vis-á-vis an economy with rigid wages. Second, wage … procyclical wages, matches unemployment dynamics in our incentive pay model calibrated to strongly procyclical wages …

Persistent link: https://www.econbiz.de/10014372479

Worker Flows, Entry and Productivity in the New Zealand Construction Industry

Chappell, Nathan - 2018

The 21st century global decline in productivity growth is not well understood. One possible contributor is a decline in economic dynamism. We explore the contribution of firm formation and employee movement to productivity using administrative data on the population of New Zealand construction...

Persistent link: https://www.econbiz.de/10012453338

Productivity Growth and Workers' Job Transitions : Evidence from Censal Microdata

Albagli, Elias; Canales, Mario; Syverson, Chad; Tapia, … - National Bureau of Economic Research - 2021

A large body of work has highlighted the importance of employment reallocation as a driver of aggregate productivity growth, but there is little direct evidence on the extent and nature of this process at the worker-firm level. We use an administrative matched employer-employee census for Chile...

Persistent link: https://www.econbiz.de/10012510536

Cyclical Worker Flows : Cleansing vs. Sullying

Haltiwanger, John C.; Hyatt, Henry R.; McEntarfer, Erika; … - National Bureau of Economic Research - 2021

Do recessions speed up or impede productivity-enhancing reallocation? To investigate this question, we use U.S. linked employer-employee data to examine how worker flows contribute to productivity growth over the business cycle. We find that in expansions high-productivity firms grow faster...

Persistent link: https://www.econbiz.de/10012533351

Hiring, Churn and the Business Cycle

Lazear, Edward P. - 2012

Churn, defined as replacing departing workers with new ones as workers move to more productive uses, is an important feature of labor dynamics. The majority of hiring and separation reflects churn rather than hiring for expansion or separation for contraction. Using the JOLTS data, we show that...

Persistent link: https://www.econbiz.de/10012460748

Worker Overconfidence : Field Evidence and Implications for Employee Turnover and Returns from Training

Hoffman, Mitchell - 2017

Combining weekly productivity data with weekly productivity beliefs for a large sample of truckers over two years, we show that workers tend to systematically and persistently over-predict their productivity. If workers are overconfident about their own productivity at the current firm relative...

Persistent link: https://www.econbiz.de/10012455441

Specific Capital, Mobility, and Wages : Wages Rise with Job Seniority

Topel, Robert H. - 1990

The idea that wages rise relative to alternatives as job seniority accumulates is the foundation of the theory of … tenures typically earn higher wages tends to support these views, yet this evidence ignores the decisions that have brought … individuals to the combination of wages, job tenure, and experience that are observed in survey data. Allowing for sources of bias …

Persistent link: https://www.econbiz.de/10012475741

Pay, Performance, and Turnover of Bank CEOs

Barro, Jason R. - 1990

We studied the relation of CEO pay and turnover to performance and characteristics of companies in a new data set that covers large commercial banks over the period 1982-87. For newly hired CEOs, the elasticity of pay with respect to assets is about one-third. As experience increases, the...

Persistent link: https://www.econbiz.de/10012475775