Wage Changes and Intrafirm Job Mobility over the Business Cycle
Two Case Studies
Bibliographic Data
| ID | 3437243 |
|---|---|
| Authors | Gary Solon (University of Michigan), Warren Whatley, Warren C Whatley, Ann Huff Stevens |
| Year | 1997 |
| Volume | 50 |
| Issue | 3 |
| Pages | 402-415 |
| Publication date | 1997-04-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Industrial and Labor Relations Review (JOURNAL) |
| Journal identifiers | ISSN: 0019-7939 • E-ISSN: 2162-271X |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/001979399705000302 |
| OpenAlex | W2172183716 |
| Language | EN |
| Citations received | 15 |
| References cited | 17 |
Despite the many reasons to expect sluggish wage adjustment, recent evidence suggests that real wages are quite procyclical (growing more rapidly during economic expansions than during recessions) and that this wage procyclicality pertains even to workers who stay with the same employer. One possible explanation for these findings is the old hypothesis that a portion of firms' cyclical adjustment of labor costs is achieved not by changing the wages paid in particular jobs, but by changing the quality of labor assigned to those jobs. The authors' analysis of interwar personnel data from the Ford Motor Company and the A.M. Byers Company supports that hypothesis. The authors recognize that case studies of only two firms cannot be definitive, but they conclude that cyclicality in workers' job assignments deserves further attention
Business · Business cycle · Economics · Efficiency wage · Job creation · Labour economics · Low wage · Macroeconomics · Quality (philosophy) · Recession · Unemployment · Wage · Wage growth · Economic Growth and Productivity · Economic Theory and Policy · Labor market dynamics and wage inequality
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The Cyclicality of Real Wages within Employer-Employee Matches
Manpower in economic growth
Lectures on Macroeconomics
Measuring the Cyclicality of Real Wages
The Internal Economics of the Firm
Ford
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Real Wages over the Business Cycle
Job Matching and the Theory of Turnover
Investment in Human Capital
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Organizational Career Mobility
| Unique citing works | 9 |
|---|---|
| Citations per year | 0,6 |
| Citation span | 2001 - 2019 (19) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 12 |