Turbulent firms, turbulent wages?

Has greater turbulence among firms fueled rising wage instability in the U.S.? We find strong support for the hypothesis that rising turbulence in the sales of large publicly-traded U.S. firms over the past three decades has raised their workers’ high-frequency wage volatility. Through controls and...

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Veröffentlicht in:	Journal of monetary economics 2009, Vol.56 (1), p.109-133
Hauptverfasser:	Comin, Diego, Groshen, Erica L., Rabin, Bess
Format:	Artikel
Sprache:	eng
Schlagworte:	Business cycles Business economics COMPUSTAT Correlation analysis Economic models Enterprises Financial performance Firm volatility PSID Public companies Sales Studies Transitory wage volatility Transitory wage volatility Firm volatility PSID Turbulence COMPUSTAT Turbulence U.S.A Volatility Wage flexibility Wage structure Wages & salaries
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