@techreport{NBERw4130,
 title = "Inter-Industry Mobility and the Cyclical Upgrading of Labor",
 author = "Mark Bils and Kenneth J. McLaughlin",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "4130",
 year = "1992",
 month = "August",
 URL = "http://www.nber.org/papers/w4130",
 abstract = {We investigate whether a market-clearing model of the labor market is consistent with the cyclical upgrading of labor: workers tend to move to higher paying industries in expansions and to lower paying industries in contractions. By applying Roy's (1951) model of self-selection to industry fluctuations, we show that cyclical upgrading can be consistent with market clearing. Applying the model to inter-industry mobility patterns in panel data, we find data of substantial selection by comparative advantage. However, the panel data reveal a selection process that is consistent with cyclical upgrading. Thus the model does not simultaneously account for interindustry mobility in panel data and cyclical upgrading.},
}