How wage compression affects job turnover
(2008) In Journal of Labor Research 29(1). p.11-26- Abstract
I use Swedish establishment-level panel data to test the hypothesis of Bertola and Rogerson (Eur Econ Rev 41:1147-1171 1997) of a positive relation between the degree of wage compression and job reallocation. Results indicate that the effect of wage compression on job turnover is positive and significant in the manufacturing sector. The wage compression effect is stronger on job destruction than on job creation, consistent with downward wage rigidity. Further results include a strong positive relationship between the fraction of temporary employees and job turnover and a negative relationship between the amount of working-time flexibility and job reallocation.
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- author
- Heyman, Fredrik LU
- publishing date
- 2008-12-01
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- Job creation and job destruction, Panel data, Temporary employment contracts, Wage dispersion
- in
- Journal of Labor Research
- volume
- 29
- issue
- 1
- pages
- 16 pages
- publisher
- Springer
- external identifiers
-
- scopus:41149112840
- ISSN
- 0195-3613
- DOI
- 10.1007/s12122-007-9030-1
- language
- English
- LU publication?
- no
- id
- d5ea561c-1b0a-450e-b706-9495fd485aa7
- date added to LUP
- 2019-09-17 09:14:51
- date last changed
- 2022-02-01 00:41:17
@article{d5ea561c-1b0a-450e-b706-9495fd485aa7,
abstract = {{<p>I use Swedish establishment-level panel data to test the hypothesis of Bertola and Rogerson (Eur Econ Rev 41:1147-1171 1997) of a positive relation between the degree of wage compression and job reallocation. Results indicate that the effect of wage compression on job turnover is positive and significant in the manufacturing sector. The wage compression effect is stronger on job destruction than on job creation, consistent with downward wage rigidity. Further results include a strong positive relationship between the fraction of temporary employees and job turnover and a negative relationship between the amount of working-time flexibility and job reallocation.</p>}},
author = {{Heyman, Fredrik}},
issn = {{0195-3613}},
keywords = {{Job creation and job destruction; Panel data; Temporary employment contracts; Wage dispersion}},
language = {{eng}},
month = {{12}},
number = {{1}},
pages = {{11--26}},
publisher = {{Springer}},
series = {{Journal of Labor Research}},
title = {{How wage compression affects job turnover}},
url = {{http://dx.doi.org/10.1007/s12122-007-9030-1}},
doi = {{10.1007/s12122-007-9030-1}},
volume = {{29}},
year = {{2008}},
}