Did the Job Ladder Fail after the Great Recession?

A-Tier
Journal: Journal of Labor Economics
Year: 2016
Volume: 34
Issue: S1
Pages: S55 - S93

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study employment reallocation across employers through the lens ofa dynamic job ladder model. Workers always agree on a ranking ofemployers at all points in time and search for better jobs both offand on the job. A parsimonious version of the model fits well the timeseries of gross worker flows by employer size from newly available USdata from the Job Openings and Labor Turnover Survey. Focusing on the US experience in and around the Great Recession, our evidence indicates that the job ladder stopped working then and has not fully resumed yet.

Technical Details

RePEc Handle
repec:ucp:jlabec:doi:10.1086/682366
Journal Field
Labor
Author Count
2
Added to Database
2026-01-26