NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Francis G. Vella

Georgetown University
Department of Economics
ICC 580, 37th and O Sts, NW
Washington, DC 20057

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NBER Working Papers and Publications

February 2008Occupational Mobility and the Business Cycle
with Giuseppe Moscarini: w13819
Do workers sort more randomly across different job types when jobs are harder to find? To answer this question, we study the mobility of male workers among three-digit occupations in the matched files of the monthly Current Population Survey over the 1979-2004 period. We clean individual occupational transitions using the algorithm proposed by Moscarini and Thomsson (2008). We then construct a synthetic panel comprising annual birth cohorts, and we examine the respective roles of three potential determinants of career mobility: individual ex ante worker characteristics, both observable and unobservable, labor market prospects, and ex post job matching. We provide strong evidence that high unemployment somewhat offsets the role of individual worker considerations in the choice of changing c...
January 1995Real Wages, Employment, and Wage Dispersion in U.S. and Australian Labor Markets
with Robert Gregory
in Differences and Changes in Wage Structures, Richard B. Freeman and Lawrence F. Katz, editors
 
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