Title of article
Turbulentfirms,turbulentwages?
Author/Authors
DiegoComin، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2008
Pages
25
From page
109
To page
133
Abstract
Has greaterturbulenceamongfirmsfueledrisingwageinstabilityintheU.S.?Wefind
strong supportforthehypothesisthatrisingturbulenceinthesalesoflargepublicly-
traded U.S.firmsoverthepastthreedecadeshasraisedtheirworkers’high-frequency
wagevolatility.Throughcontrolsandinstrumentalvariableprobes,weruleout
straightforwardcompositionalchurningasanexplanationforthelinkbetweenfirm
sales andwagevolatility.Wealsoobservethattherelationshipbetweensalesandwage
volatility atthefirmlevelisstrongersince1980,ispresentonlyinlargecompaniesand
is strongerinservicesthaninmanufacturingcompanies
Keywords
TransitorywagevolatilityFirm volatilityPSIDTurbulenceCOMPUSTAT
Journal title
Journal of Monetary Economics
Serial Year
2008
Journal title
Journal of Monetary Economics
Record number
846279
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