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Appears in Collections:Economics Working Papers
Peer Review Status: Refereed
Title: Job re-grading, real wages, and the cycle
Author(s): Hart, Robert A
Roberts, J Elizabeth
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Citation: Hart RA & Roberts JE (2011) Job re-grading, real wages, and the cycle. IZA Discussion Paper, 5912.
Keywords: real wage cyclicality
spot wages
job moves
job re-grading
Issue Date: 31-Aug-2011
Date Deposited: 25-Feb-2013
Publisher: The Institute for the Study of Labor (IZA)
Series/Report no.: IZA Discussion Paper, 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.
Type: Working Paper
Rights: Published as IZA Discussion Paper No. 5912, August 2011. The original publication can be found at:
Affiliation: Economics

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