productivity ladders using employer-employee data matched with firms’ financial data for 20 years in Denmark. We conclude that … increases, the difference in growth rates between high and low productivity firms becomes larger. The opposite is true for the … difference between high and low wage firms. Measuring productivity using sales per worker, as done in previous studies, instead …

We investigate whether workers reallocate up firm productivity and wage job ladders, and the cyclicality of this … process. We document that productivity is a better measure of the job ladder than the average wage, since high productivity … cycle differs between the firm wage and productivity ladders. In recessions, employment decreases more in low than in high …

share of the overall cost of displacement. However, and despite the positive correlation between premium and productivity in … the cross-section of firms, we find that workers are reemployed by high productivity, low labor share firms. The observed … reallocation is therefore productivity-enhancing, yet costly for workers. We show that destination firms are less likely to …

understanding a number of issues in macro and labor economics, including changes in wage inequality, productivity, life …

dispersed because of search frictions and workers' productivity differentials. Using the (log) wage variance decomposition … productivities. Among medium skilled workers, productivity differentials and search frictions are equally important. The model …

firms differ in their productivities. Wages are dispersed because of search frictions and workers' productivity … worker productivity differentials, frictional wage dispersion and workers' sorting dynamics. I calibrate the model using a … important as workers' productivity differentials. Differences in firms' productivities are also an important source of wage …

firms differ in their productivities. Wages are dispersed because of search frictions and workers' productivity … worker productivity differentials, frictional wage dispersion and workers' sorting dynamics. I calibrate the model using a … important as workers' productivity differentials. Differences in firms' productivities are also an important source of wage …

understanding a number of issues in macro and labor economics, including changes in wage inequality, productivity, life …