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  • Chinhui Juhn, Kristin McCue, Holly Monti, and Brooks Pierce, Firms and the Distribution of Income: The Roles of Productivity and Luck (Journal of Labor Economics, volume 36, number S1, 2015), chap. 3, https://www.nber.org/books-and-chapters/firms-and-distribution-income-roles-productivity-and-luck/firm-performance-and-volatility-worker-earnings.

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Using linked employer-employee data for the U.S., we examine whether shocks to firm revenues are transmitted to the...

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