Internal Labor Markets Over the Business Cycle

本项目的目的是利用公司内部新提供的 研究人员数据，包括纵向员工记录 内部劳动力市场在经济周期中的作用。 统计 商业周期中真实的工资模式， 观察家对雇主做法的描述表明， 企业招聘标准和晋升率的周期性变化 在总体就业和工资波动中发挥关键作用。 然而，商业周期的这一方面从来没有 由于一般的定量研究， 公司内部数据不可用。 该项目使用最近从 福特汽车公司、普尔曼公司和A.M.拜尔斯公司 公司内部要同行“黑箱”的内勤 市场 这是一个独特的机会，可以跟踪每个工人的 公司内部的工资和工作分配，并将其与 总体劳动力市场的状况将揭示新的情况， 劳动力市场周期性波动的性质和 雇佣关系的性质。

The purpose of this project is to use newly available within-firm personnel data, including longitudinal employee records, to study internal labor markets over the business cycle. Statistical patterns in real wages over the business cycle and knowledgeable observers' descriptions of employer practices suggest that cyclical variation in firms' hiring standards and promotion rates play a key role in aggregate employment and wage fluctuations. This aspect of the business cycle, however, has never been subjected to quantitative study because of the general unavailability of within-firm data. This project uses personnel records recently acquired from the Ford Motor Company, the Pullman Company, and the A.M. Byers Company to peer inside the "black box" of the internal labor market. This unique opportunity to track individual workers' wages and job assignments within the firm and relate them to conditions in the aggregate labor market will shed new light on both the nature of cyclical labor market fluctuations and the nature of the employment relationship.