Essays on firms, aggregate uncertainty, and the labor market

Entreprises, incertitude agrégée et marché du travail

Nicolò Dalvit ()
Additional contact information
Nicolò Dalvit: ECON - Département d'économie (Sciences Po) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique, CNRS - Centre National de la Recherche Scientifique

SciencePo Working papers Main from HAL

Abstract: This thesis is comprised of three chapters that revolve around two main themes:the micro economic incidence of macro shocks and the role of firms in determining labor market outcomes. In the first chapter I provide new evidence on the cyclical dynamics of firms. I show that firms expecting to lose market share in the futureare hit the hardest during economic downturns. This heterogeneous sensitivity provides a new rationale for the observed counter-cyclical dispersion in firms'growth rates and has implications for the dynamics of aggregate employment. The second chapter studies the role of income tax progressivity in reallocating income risk across heterogeneous workers and stabilizing the economy. We show that eliminating income tax progressivity in Italy would come at the expense of the majority of the work force. The current system of marginal tax rates is effective atreallocating cyclical income risk from low to high wage workers and reducesaggregate employment volatility compared to a counter-factual flat rate system.The third chapter considers the internal hierarchical structure of a firm and its rolein determining wages and internal promotions. We focus in particular on the rolethat internal hierarchies play in propagating gender differences in representation and pay. We study the effect of a change in the gender composition at the top afirm's internal hierarchy on workers further down the organizational ladder and findsome evidence of an effect only on layers close to the top.

Keywords: Firm dynamics; Aggregate uncertainty; Labor Market; Disparité des salaires; Promotions; Femmes; Impôt progressif; Impôt sur le revenu; Économie d'entreprise (search for similar items in EconPapers)
Date: 2020-07-07
References: Add references at CitEc
Citations:

Published in Economics and Finance. Institut d'études politiques de Paris - Sciences Po, 2020. English. ⟨NNT : 2020IEPP0044⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:spmain:tel-04637287

Access Statistics for this paper

More papers in SciencePo Working papers Main from HAL
Bibliographic data for series maintained by Contact - Sciences Po Departement of Economics ().