Productivity Growth and Workers’ Job Transitions: Evidence from Census Microdata
利用智利行政数据,研究发现工人平均流向生产率更高的企业,但近半数转换是“向下”的;重新配置收益主要由年轻高技能工人驱动,高流动率工人贡献最小。
Abstract We use administrative data for Chile to provide novel insights on the relationship between job transitions and productivity differentials and quantify how different groups contribute to aggregate reallocation. While on average workers move to more productive firms, almost half of transitions are ‘down the productivity ladder’. Reallocation gains are mostly explained by a narrow subset of transitions: young, high-skilled workers generate the lion’s share of aggregate productivity gains. Workers with high turnover contribute proportionally the least. Therefore, while job reallocation yields a net benefit, it hides massive and heterogeneous gross flows, with many appearing to add little to aggregate efficiency.