Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/51832
Authors: 
Hart, Robert A.
Roberts, J. Elizabeth
Year of Publication: 
2011
Series/Report no.: 
Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5912
Abstract: 
This paper makes use of the British New Earnings Survey Panel Dataset between 1976 and 2010. It consists of individual-level payroll data and comprises a random sample of 1% of the entire male and female labor force. About two-thirds of within- and between-company moves involve job re-grading (measured at 3-digit occupation level) while one-third of movers retain their job titles. We find that the real wages of both male and female workers who change job titles within companies are significantly more procyclical than job stayers. This lends support to the predicted procyclical real wage effects of the Reynolds-Reder-Hall job re-grading hypothesis. On the extensive margin, title changers and title retainers who move jobs between companies exhibit the same degrees of wage cyclicality and these are considerably greater than for job stayers.
Subjects: 
real wage cyclicality
spot wages
job moves
job re-grading
JEL: 
E32
J31
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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