Autore
Belzil, Christian

Titolo
Employment reallocation, wages and the allocation of workers between expanding and declining firms
Periodico
European University Institute of Badia Fiesolana (Fi). Department of Economics - Working papers
Anno: 1996 - Fascicolo: 17 - Pagina iniziale: 1 - Pagina finale: 27

Using Danish firm level data on employment dynamics merged with individual records on all workers in a given firm, various measures of employment reallocation used in the macroeconomics literature are incorporated in a wage equation framework and the return on human capital investments are estimated using fixed and random effects models. After investigating the effects of net and gross job reallocation on wages, I estimate simultaneous models where firm effects (affecting employment dynamics) and worker unobserved ability (affecting wages) are allowed to be correlated and I inspect the allocation of workers across expanding and declining firms. Finally, I also investigate the distinction between stayers and movers.



Testo completo: http://hdl.handle.net/1814/588

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