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Replication data for: Does Wage Persistence Matter for Employment Fluctuations? Evidence from Displaced Workers

Version
1
Resource Type
Dataset
Creator
  • Schmieder, Johannes F.
  • von Wachter, Till
Publication Date
2010-07-01
Description
  • Abstract

    Previous literature has found that tight labor market conditions during a job raise wages. Using the Displaced Worker Survey from 1984 to 2006, we show that wage gains associated with good labor market conditions disappear at job loss. We also find that workers with higher wages due to tight past labor market conditions face higher risk of layoff. These findings suggest an important role of persistent rigidities in the wage setting process that are related to layoff decisions. This supports the notion that downward rigid employment contracts help explain the Shimer (2005) "puzzle" of low wage relative to employment fluctuations. (JEL J31, J41, J63)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/app.2.3.1 (Text)
Publications
  • Schmieder, Johannes F, and Till von Wachter. “Does Wage Persistence Matter for Employment Fluctuations? Evidence from Displaced Workers.” American Economic Journal: Applied Economics 2, no. 3 (July 2010): 1–21. https://doi.org/10.1257/app.2.3.1.
    • ID: 10.1257/app.2.3.1 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12

Schmieder, Johannes F.; von Wachter, Till (2010): Replication data for: Does Wage Persistence Matter for Employment Fluctuations? Evidence from Displaced Workers. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E113754V1