IDEAS home Printed from https://ideas.repec.org/p/red/sed016/1648.html
   My bibliography  Save this paper

Sectoral Reallocation, Employment and Earnings Over the Business Cycle

Author

Listed:
  • Ludo Visschers

    (The University of Edinburgh/Universidad)

  • David Wiczer

    (FRB St. Louis)

  • Carlos Carrillo-Tudela

    (Essex)

Abstract

Recessions change job flows, increasing unemployment risk, reducing job-finding rates, and occupational switching rates among those still changing jobs. This article connects these cyclical differences in job flows to differences in the earnings change distribution across the cycle. The connection is natural because earnings change much larger when a worker experiences a job change and even larger when switching occupation. First, we present a statistical analysis of the contribution from (a) the change in the incidence of occupation and job change and (b) the change in the ``return'' to these changes. Then, because job and occupation switching is endogenous we look through the lens of a business cycle model with on-the-job search and occupational mobility.

Suggested Citation

  • Ludo Visschers & David Wiczer & Carlos Carrillo-Tudela, 2016. "Sectoral Reallocation, Employment and Earnings Over the Business Cycle," 2016 Meeting Papers 1648, Society for Economic Dynamics.
    • Handle: RePEc:red:sed016:1648
    as

    Download full text from publisher

    File URL: https://red-files-public.s3.amazonaws.com/meetpapers/2016/paper_1648.pdf
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:red:sed016:1648. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christian Zimmermann (email available below). General contact details of provider: https://edirc.repec.org/data/sedddea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.