Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy

A. Kerem Coşar, Nezih Guner and James Tybout

No 16326, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper explores the combined effects of reductions in trade frictions, tariffs, and firing costs on firm dynamics, job turnover, and wage distributions. It uses establishment-level data from Colombia to estimate an open economy dynamic model that links trade to job flows in a new way. The fitted model captures key features of Colombian firm dynamics and labor market outcomes, as well changes in these features during the past 25 years. Counterfactual experiments imply that integration with global product markets has increased both average income and job turnover in Colombia. In contrast, the experiments find little role for this country's labor market reforms in driving these variables. The results speak more generally to the effects of globalization on labor markets in Latin America and elsewhere.

JEL-codes: F12 F16 J63 J64 (search for similar items in EconPapers)
Date: 2010-09
Note: ITI PR
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (65)

Published as A. Kerem Co?ar & Nezih Guner & James Tybout, 2016. "Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy," American Economic Review, American Economic Association, vol. 106(3), pages 625-63, March.

Downloads: (external link)
http://www.nber.org/papers/w16326.pdf (application/pdf)

Related works:
Journal Article: Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy (2016)
Working Paper: Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy (2015)
Working Paper: Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy (2013)
Working Paper: Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy (2013)
Working Paper: Firm dynamics, job turnover, and wage distributions in an open economy (2011)
Working Paper: Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy (2009)
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:nbr:nberwo:16326

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w16326

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().