Did the Job Ladder Fail after the Great Recession?

• 成果类型: Article
• 署名作者: Moscarini, Giuseppe; Postel-Vinay, Fabien
• 署名单位: Yale University; National Bureau of Economic Research
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/682366
• 发表日期: 2016
• 页码: S55-S93
• 关键词: employer size; wage

摘要

We study employment reallocation across employers through the lens of a dynamic job ladder model. Workers always agree on a ranking of employers at all points in time and search for better jobs both off and on the job. A parsimonious version of the model fits well the time series of gross worker flows by employer size from newly available US data from the Job Openings and Labor Turnover Survey. Focusing on the US experience in and around the Great Recession, our evidence indicates that the job ladder stopped working then and has not fully resumed yet.