Turbulent firms, turbulent wages?
By: Diego A. Comin, Erica L. Groshen, and Bess Rabin
Contributors: Groshen, Erica L., 1954-; Rabin, Bess; Harvard Business School
Series: Working paper / Harvard Business School -- 09-057; Working paper (Harvard Business School) -- 09-057
Publisher: Harvard Business School
Published: 2008
Place of publication: Boston
Language: eng
Number of pages: 56
Description: Has greater turbulence among firms fueled rising wage instability in the U.S.? Gottschalk and Moffitt [1994] find that rising earnings instability was responsible for one third to one half of the rise in wage inequality during the 1980s. These growing transitory fluctuations remain largely unexplained. To help fill this gap, this paper further documents the recent rise in transitory fluctuations in compensation and investigates its linkage to the concurrent rise in volatility of firm performance documented by Comin and Mulani [2006].
Notes: "October 2008"--Publisher's web site.

Includes bibliographical references.