Dissertation/Thesis Abstract

Stable firms and unstable wages
by Abras, Ana Luisa Gouvea, Ph.D., University of Maryland, College Park, 2010, 137; 3426400
Abstract (Summary)

In this work I study recent developments in firm employment and earnings instability in the US economy over the last 30 years. Despite the decline in aggregate and firm level volatility, earnings instability has increased steadily for job stayers since the late seventies. I measure and model these phenomena as a result of a decline in labor market institutions that compress wage volatility, and an increase in the incidence of compensation schemes that attach wages to worker performance.

Indexing (document details)
Advisor: Haltiwanger, John C.
Commitee: Abraham, Katharine, Chugh, Sanjay, D'Erasmo, Pablo, Shea, John
School: University of Maryland, College Park
Department: Economics
School Location: United States -- Maryland
Source: DAI-A 71/11, Dissertation Abstracts International
Subjects: Labor economics, Economic theory
Keywords: Earnings instability, Firm employment instability, Stable firms, Unstable wages
Publication Number: 3426400
ISBN: 9781124270555
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