Newsletter

Job Switching and Wage Growth


Abstract: This article shows a remarkably strong relationship between job switching and nominal wage growth. We also find a fairly strong relationship between job switching and the cyclical component of inflation. Furthermore, job switching seems to be predictive of both wage growth and inflation.

Keywords: inflation; Employment; wages; job;

Access Documents

File(s): File format is application/pdf https://www.chicagofed.org/publications/chicago-fed-letter/index
Description: Full text

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Chicago Fed Letter

Publication Date: 2015

Order Number: 337