NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
loading...

Cyclical Job Ladders by Firm Size and Firm Wage

John Haltiwanger, Henry Hyatt, Lisa B. Kahn, Erika McEntarfer

NBER Working Paper No. 23485
Issued in June 2017
NBER Program(s):Economic Fluctuations and Growth, Labor Studies

We study whether workers progress up firm wage and size job ladders, and the cyclicality of this movement. Search theory predicts that workers should flow towards larger, higher paying firms. However, we see little evidence of a firm size ladder, partly because small, young firms poach workers from all other businesses. In contrast, we find strong evidence of a firm wage ladder that is highly procyclical. During the Great Recession, this firm wage ladder collapsed, with net worker reallocation to higher wage firms falling to zero. The earnings consequences from this lack of upward progression are sizable.

You may purchase this paper on-line in .pdf format from SSRN.com ($5) for electronic delivery.

Access to NBER Papers

You are eligible for a free download if you are a subscriber, a corporate associate of the NBER, a journalist, an employee of the U.S. federal government with a ".GOV" domain name, or a resident of nearly any developing country or transition economy.

If you usually get free papers at work/university but do not at home, you can either connect to your work VPN or proxy (if any) or elect to have a link to the paper emailed to your work email address below. The email address must be connected to a subscribing college, university, or other subscribing institution. Gmail and other free email addresses will not have access.

E-mail:

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w23485

Published: John C. Haltiwanger & Henry R. Hyatt & Lisa B. Kahn & Erika McEntarfer, 2018. "Cyclical Job Ladders by Firm Size and Firm Wage," American Economic Journal: Macroeconomics, vol 10(2), pages 52-85. citation courtesy of

Users who downloaded this paper also downloaded* these:
Haltiwanger, Hyatt, and McEntarfer w23693 Who Moves Up the Job Ladder?
Haltiwanger, Hyatt, and McEntarfer w21235 Cyclical Reallocation of Workers Across Employers by Firm Size and Firm Wage
Acemoglu and Restrepo w23285 Robots and Jobs: Evidence from US Labor Markets
Kahn and McEntarfer w20698 Employment Cyclicality and Firm Quality
Barth, Davis, Freeman, and Wang w23484 The Effects of Scientists and Engineers on Productivity and Earnings at the Establishment Where They Work
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us