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Real Wage Cyclicality of Job Stayers, Within-Company Job Movers, and Between-Company Job Movers

Dados Bibliográficos

ID3280910
AutoresPaul J Devereux (0000-0003-0221-8241, University College Dublin), Robert A Hart (0000-0001-8242-1367, University of Stirling)
Ano2006
Volume60
Fascículo1
Páginas105-119
Data de publicação2006-10-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoIndustrial and Labor Relations Review (JOURNAL)
Identificadores do periódicoISSN: 0019-7939 • E-ISSN: 2162-271X
EditoraSAGE Publications Inc (PUBLISHER)
DOI10.1177/001979390606000106
OpenAlexW2154612690
ISBN9793906060001
IdiomaEN
Citações recebidas15
Referências citadas26

Using the British New Earnings Survey Panel Data for 1975-2001, the authors estimate the wage cyclicality (the degree to which wage levels rise and fall with economic upturns and downturns) of three groups: job stayers, within-company job movers, and between-company job movers. Wages of internal movers, they find, were slightly more procyclical, and wages of external movers considerably more procyclical, than those of stayers. The greater cyclicality of movers' wages is particularly apparent for private sector workers and persons not covered by collective agreements. Nevertheless, because job stayers comprised about 90% of all observations in this large sample of British workers, the procyclicality of their wages was the predominant determinant of the overall procyclical pattern found across all groups. Thus, the analysis does not support the implication of some rigid wage models that employers use job title changes to adjust wages to the business cycle

Business cycle · Earnings · Econometrics · Economics · Labour economics · Panel data · Wage · Employment and Welfare Studies · Finance · Labor market dynamics and wage inequality · Labor Movements and Unions

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Obras citantes distintas15
Citações por ano0,79
Intervalo de citações2007 - 2025 (19)
Velocidade de citaçãorecent
Altamente citadoNão
Tipos de citaçãoNeutras: 15
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