UMD Theses and Dissertations

Permanent URI for this collectionhttp://hdl.handle.net/1903/3

New submissions to the thesis/dissertation collections are added automatically as they are received from the Graduate School. Currently, the Graduate School deposits all theses and dissertations from a given semester after the official graduation date. This means that there may be up to a 4 month delay in the appearance of a given thesis/dissertation in DRUM.

More information is available at Theses and Dissertations at University of Maryland Libraries.

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    Stable Firms and Unstable Wages
    (2010) Abras, Ana Luisa; Haltiwanger, John C; Economics; Digital Repository at the University of Maryland; University of Maryland (College Park, Md.)
    In this work I study recent developments in …rm employment and earnings instability in the US economy over the last 30 years. Despite the decline in aggregate and …rm level volatility, earnings instability has increased steadily for job stayers since the late seventies. I measure and model these phenomena as a result of a decline in labor market institutions that compress wage volatility, and an increase in the incidence of compensation schemes that attach wages to worker performance.