Federal Reserve Bank of Chicago
Chicago Fed Letter
Job Switching and Wage Growth
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.
Cite this item
R. Jason Faberman & Alejandro Justiniano, "Job Switching and Wage Growth"
, Federal Reserve Bank of Chicago, Chicago Fed Letter, number 337, 2015.
Keywords: Employment; job; inflation; wage
This item with handle RePEc:fip:fedhle:00025
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