Firm Performance and the Volatility of Worker Earnings

Exploring the heterogeneity of effects, we find the largest elasticity in professional services among employees in the top 5% of their employers' earnings ...

That is, are shocks to firm performance transmitted to worker earnings? A rich literature on implicit contracts posits that firms will shield workers from.

Firm Performance and the Volatility of Worker Earnings | NBER

Exploring heterogeneity of effects, we find the largest elasticity in professional services, among employees in the top 5% of their employers' ...

Firm Performance and the Volatility of Worker Earnings

While full insurance is rejected, the elasticity of worker earnings with respect to persistent shocks in firm revenues is small and consistent with the notion ...

Firm Performance and the Volatility of Worker Earnings | NBER

Firm Performance and the Volatility of Worker Earnings ... You may be able to download this chapter for free via the Document Object Identifier.

Firm Performance and the Volatility of Worker Earnings - EconPapers

By Chinhui Juhn, Kristin McCue, Holly Monti and Brooks Pierce; Abstract: Using linked employer-employee data for the United States, ...

Firm Performance and the Volatility of Worker Earnings

While full insurance is rejected, the elasticity of worker earnings with respect to persistent shocks in firm revenues is small and consistent ...

Income volatility, taxation and the functioning of the U.S. labor market

through rates are broadly similar if we measure firm performance by operating profits, earnings ... So far, we focused on income volatility among workers who stay ...

Public wages, public employment, and business cycle volatility

Specifically, based on causal analyses using an SVAR and shift-share instruments, we find that an increase in long-run public-sector employment crowds out ...

Business Volatility and Employee Performance

Thus, managers should be more willing to pay their employees more in a more volatile environment. Page 6. 4. The remainder of this paper is organized as follows ...

do volatile firms pay volatile earnings? - American Enterprise Institute

If firms do have this ability, then some may choose to vary worker earnings with firm performance. ... whether firms pass volatility onto workers' earnings.

Are shocks to U.S. firm performance transmitted to their workers?

The authors find that the extent to which worker earnings are insulated varies by the size of the change in revenue, the type of worker, and the ...

Within-Firm Pay Inequality and Productivity* | Melanie Wallskog

We interpret these patterns between pay volatility, firm performance, and worker rank as evidence of aggressive performance pay used for ...

Employment and Wage Consequences of Flexible Wage Components

Firms with high revenue volatility suffer large negative shocks more often and thus they are more likely in need of flexible wages to protect jobs. Lastly, ...

The effect of productivity growth on within-firm inequality - CEPR

Interestingly, we find a strong link between how much top earners' pay responds to performance and the volatility of their earnings over the ...

Passthrough of Firm Performance to Income and Employment Stability

Firm Performance and the Volatility of. Worker Earnings. Journal of Labor Economics, 36(S1):S99–S131. Kátay, G. (2016). Do Firms Provide Wage Insurance ...

Do workers share in firm success? Pass-through estimates for New ...

Firm performance and the volatility of worker earnings. Journal of Labor Economics, 36(S1), S99–S131. Kaldor, N. (1957). A model of economic growth. The ...

Pay, productivity and management - Centre for Economic Performance

firm productivity and the earnings of workers across the within-firm pay distribution. ... Notes: Each value represents the mean pay volatility, of a given within ...

understanding firms' labor market linkages through employees ...

Using the labor market peer measure, I examine whether firms that hire employees with similar skills and that are presumably exposed to the same ...

Pay, Productivity and Management

Using confidential Census matched employer-employee earnings data we find that employees at more productive firms have substantially higher mean ...