Replication data for: Job Selection and Wages over the Business Cycle

Iourii Manovskii & Marcus Hagedorn
We consider a model with on-the-job search where current wages depend only on current aggregate labor market conditions and idiosyncratic match-specific productivities. We show theoretically that the model replicates the findings in Bils (1985) and Beaudry and DiNardo (1991) on the history dependence in wages. We develop a method to measure match qualities in the data and show empirically that various variables summarizing past aggregate labor market conditions have explanatory power for current wages only...
This data repository is not currently reporting usage information. For information on how your repository can submit usage information, please see our documentation.