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Trends in Job Instability and Wages for Young Adult Men

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  • Bernhardt, Annette, et al

Abstract

Data and measurement problems have complicated the debate over trends in job instability in the United States. We compare two cohorts of young white men from the National Longitudinal Surveys (NLS), construct a rigorous measure of job change, and confirm earlier findings of a significant increase in job instability. We then benchmark the NLS against other main data sets in the field and conduct a thorough attrition analysis. Extending the analysis to wages, we find that the wage returns to job changing have both declined and become more unequal for young adults, mirroring trends in their long-term wage growth. Copyright 1999 by University of Chicago Press.

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  • Bernhardt, Annette, et al, 1999. "Trends in Job Instability and Wages for Young Adult Men," Journal of Labor Economics, University of Chicago Press, vol. 17(4), pages 65-90, October.
  • Handle: RePEc:ucp:jlabec:v:17:y:1999:i:4:p:s65-90
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    Cited by:

    1. Givord, Pauline & Maurin, Eric, 2004. "Changes in job security and their causes: An empirical analysis for France, 1982-2002," European Economic Review, Elsevier, vol. 48(3), pages 595-615, June.
    2. Marcela Perticara, "undated". "Wage Mobility Through Job Mobility," ILADES-Georgetown University Working Papers inv141, Ilades-Georgetown University, Universidad Alberto Hurtado/School of Economics and Bussines.
    3. Leora Friedberg & Michael T. Owyang, 2004. "Explaining the evolution of pension structure and job tenure," Working Papers 2002-022, Federal Reserve Bank of St. Louis.
    4. Friedberg Leora & Owyang Michael T & Sinclair Tara M, 2006. "Searching For Better Prospects: Endogenizing Falling Job Tenure and Private Pension Coverage," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 6(1), pages 1-42, August.
    5. Bruce C. Fallick & Charles A. Fleischman, 2001. "The importance of employer-to-employer flows in the U.S. labor market," Finance and Economics Discussion Series 2001-18, Board of Governors of the Federal Reserve System (U.S.).
    6. Cho, Joonmo, 2004. "Flexibility, instability and institutional insecurity in Korean labor market," Journal of Policy Modeling, Elsevier, vol. 26(3), pages 315-351, April.
    7. John M. Fitzgerald, 1999. "Job Instability and Earnings and Income Consequences: Evidence from SIPP: 1983-1995," JCPR Working Papers 99, Northwestern University/University of Chicago Joint Center for Poverty Research.
    8. Francis Green, 2003. "The Rise and Decline of Job Insecurity," Studies in Economics 0305, School of Economics, University of Kent.
    9. Luciano Fanti, 2011. "When an efficient bargaining is more “efficient†than a competitive labour market," Discussion Papers 2011/131, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    10. Flabbi, Luca & Leonardi, Marco, 2008. "Sources of Earnings Instability: Estimates from an On-the-Job Search Model of the U.S. Labor Market," IZA Discussion Papers 3387, Institute for the Study of Labor (IZA).
    11. Mohseni-Cheraghlou, Amin, 2013. "Labor markets and mental wellbeing: Labor market conditions and suicides in the United States (1979–2004)," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 45(C), pages 175-186.
    12. Borland, J. & McDonald, J.T., 2000. "Displaced workers in Australia 1984-1996: Macroeconomic Conditions and Structural Change," Papers 2000-10, Tasmania - Department of Economics.
    13. Umkehrer, Matthias, 2015. "The impact of changing youth employment patterns on future wages," IAB Discussion Paper 201531, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    14. Josefa Ramoni Perazzi, 2007. "The compensating differential principle in the public and private sector: A multivariate statistical analysis approach," Economía, Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela, vol. 32(24), pages 95-112, july-dece.
    15. Gueorgui Kambourov & Iourii Manovskii, 2001. "Rising Occupational and Industry Mobility in the United States:1968-1993," PIER Working Paper Archive 04-012, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 05 Jul 2004.
    16. Centeno, Mario & Novo, Alvaro A., 2006. "The impact of unemployment insurance generosity on match quality distribution," Economics Letters, Elsevier, vol. 93(2), pages 235-241, November.
    17. Avner Ahituv & Robert Lerman, 2011. "Job turnover, wage rates, and marital stability: How are they related?," Review of Economics of the Household, Springer, vol. 9(2), pages 221-249, June.
    18. Umkehrer, Matthias, 2013. "Youth Employment Instability, True State Dependence and Adult Wage Inequality," Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 80014, Verein für Socialpolitik / German Economic Association.
    19. Joonmo Cho & Jaeho Keum, 2009. "Dualism In Job Stability Of The Korean Labour Market: The Impact Of The 1997 Financial Crisis," Pacific Economic Review, Wiley Blackwell, vol. 14(2), pages 155-175, May.
    20. Flabbi, Luca & Leonardi, Marco, 2010. "Sources of earnings inequality: Estimates from an on-the-job search model of the US labor market," European Economic Review, Elsevier, vol. 54(6), pages 832-854, August.
    21. Kan, Kamhon, 2002. "Residential mobility with job location uncertainty," Journal of Urban Economics, Elsevier, vol. 52(3), pages 501-523, November.

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