NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Cyclical Reallocation of Workers Across Employers by Firm Size and Firm Wage

John Haltiwanger, Henry Hyatt, Erika McEntarfer

NBER Working Paper No. 21235
Issued in June 2015

---- Acknowledgements ----

We thank Steven Davis, Emin Dinlersoz, John Kennan, Giuseppe Moscarini, James Spletzer, Benjamin Villena, and participants at the 2013 CAED conference, the Fall 2013 Midwest Macro conference, the 2014 AEA conference, the 2014 SOLE conference, the 2014 Econometric Society NASM, the 2014 SED conference, the 2014 NBER SI, the Fall 2014 Labor Studies meeting, the 2015 ASSA SED conference, the Bank of Chile workshop on Wages and Employment Dynamics over the Business Cycle, and seminar participants at Census, Georgetown, NYU, BLS, Wisconsin and Yale, for helpful comments and suggestions. Any opinions and conclusions expressed herein are those of the authors and do not necessarily represent the views of the U.S. Census Bureau or the National Bureau of Economic Research. All results have been reviewed to ensure that no confidential information is disclosed.

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