American Economic Journal:
Macroeconomics
ISSN 1945-7707 (Print) | ISSN 1945-7715 (Online)
Measuring Employer-to-Employer Reallocation
American Economic Journal: Macroeconomics
vol. 16,
no. 3, July 2024
(pp. 1–51)
Abstract
We revisit measurement of employer-to-employer (EE) transitions in the monthly Current Population Survey. The incidence of missing answers to the question on change of employer sharply increases starting with the introduction of a new software instrument to conduct interviews in January 2007 and of the Respondent Identification Policy in 2008–2009. We document nonrandom nonresponse selection by observable and unobservable worker characteristics that correlate with EE mobility. We propose a selection model and a procedure to impute missing answers. Our imputed EE aggregate series no longer trends down after 2000 and restores a close congruence with the business cycle after 2007.Citation
Fujita, Shigeru, Giuseppe Moscarini, and Fabien Postel-Vinay. 2024. "Measuring Employer-to-Employer Reallocation." American Economic Journal: Macroeconomics, 16 (3): 1–51. DOI: 10.1257/mac.20210076Additional Materials
JEL Classification
- C83 Survey Methods; Sampling Methods
- E24 Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- E32 Business Fluctuations; Cycles
- J62 Job, Occupational, and Intergenerational Mobility; Promotion
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