Job Switching and Wage Growth

Jason Faberman () and Alejandro Justiniano

Chicago Fed Letter, 2015, No 337

Abstract: 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.

Keywords: inflation; Employment; wages; job (search for similar items in EconPapers)
Date: 2015
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