Posted by Dwight Steward, Ph.D. | Academic, BLS Data, Uncategorized

This paper (ASSA 2016 link below) looks to study revenue and sales volatility at the firm level and how that relates to employee level of wages.  The main take away is that employee wages tend to be positively related to revunue shocks. That is, employers tend to keep employee wages steady and increasing over time regardless of the specific shocks that the firm may be experiencing at any given time. 

ASSA 2016 paper

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