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dc.contributor.authorFlabbi, Lucaen_US
dc.contributor.authorLeonardi, Marcoen_US
dc.date.accessioned2008-08-29en_US
dc.date.accessioned2010-07-07T11:31:09Z-
dc.date.available2010-07-07T11:31:09Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/34969-
dc.description.abstractMany contributions suggest that earnings instability has increased during the 1980s and 1990s. This paper develops and estimates an on-the-job search model of the labor market to study the contribution of wage inequality and job mobility in explaining earnings instability. To study the evolution over time of these different components we extract two estimation samples (late 1980s and late1990s) from the Calendar Section of the PSID. We find that the main differences in the structure of the labor market between the two periods are in the job-to-job mobility and in the variance of the wage offer distributions: they both increase in the late 1990s. By generating counterfactual experiments, we also show that they both significantly contribute to the increase in earnings instability even if it is only their joint effect that generates what we observe in the data. Finally, we show that significant composition effects are at work since the behavior of skilled workers and unskilled workers are very different with respect to the above-mentioned labor market dynamics.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 3387en_US
dc.subject.jelJ21en_US
dc.subject.ddc330en_US
dc.subject.keywordEarnings instabilityen_US
dc.subject.keywordon-the-job searchen_US
dc.subject.keywordstructural estimationen_US
dc.subject.stwLohnstrukturen_US
dc.subject.stwEinkommenen_US
dc.subject.stwRisikoen_US
dc.subject.stwArbeitsucheen_US
dc.subject.stwArbeitsmobilitäten_US
dc.subject.stwUSAen_US
dc.titleSources of earnings instability: estimates from an on-the-job search model of the U.S. labor marketen_US
dc.typeWorking Paperen_US
dc.identifier.ppn560862075en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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