Labor Market Dynamics and Development*

S-Tier
Journal: Quarterly Journal of Economics
Year: 2023
Volume: 138
Issue: 4
Pages: 2287-2325

Authors (3)

Kevin Donovan (not in RePEc) Will Jianyu Lu (not in RePEc) Todd Schoellman (Federal Reserve Bank of Minnea...)

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

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

Abstract

We provide new evidence on how labor market dynamics vary with development. We build a new data set consisting of harmonized microdata from rotating panel labor force surveys covering 80 million people from 49 countries. Labor market flows, such as the job-finding or employment exit rate, are higher in developing economies. These higher flows largely reflect a slippery job ladder: workers transition frequently to and from marginal employment without climbing to or persisting in better-paying jobs. Subsistence self-employment and different patterns of selection for wage workers each play a role in our findings and are useful avenues for future theories of labor market frictions.

Technical Details

RePEc Handle
repec:oup:qjecon:v:138:y:2023:i:4:p:2287-2325.
Journal Field
General
Author Count
3
Added to Database
2026-01-29