Jump to ContentJump to Main Navigation
Economic TurbulenceIs a Volatile Economy Good for America?$
Users without a subscription are not able to see the full content.

Clair Brown, John Haltiwanger, and Julia Lane

Print publication date: 2006

Print ISBN-13: 9780226076324

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226076348.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 27 September 2021

Economic Turbulence and Middle-Income Jobs

Economic Turbulence and Middle-Income Jobs

(p.100) Chapter Seven Economic Turbulence and Middle-Income Jobs
Economic Turbulence

Clair Brown

University of Chicago Press

This chapter describes the effect of economic turbulence on the earnings distribution. Economic turbulence affects the quality and quantity of middle-income jobs. Jobs at the bottom end of the earnings distribution and in low-skilled industries are much less likely to be stable than jobs at the top end and in high-skilled industries. Software and semiconductor industries have the lowest retention rates for workers in the top income category. There is evidence which suggests that firms share their success with their workers; thus, the more productive entering firms share some of that higher productivity with their workers. The positive effects for high-income workers are outweighed by the negative effects for low-income workers. Worker entry and exit has had very little impact on changes in the earnings distributions. Firm entry and exit tended to reduce dramatically the percentage of low-income workers.

Keywords:   economic turbulence, earnings distribution, middle-income jobs, software industry, semiconductor industry, firms, high-income workers, low-income workers

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.