Firms and the Distribution of Income: The Roles of Productivity and Luck

NBER Reporter, Winter 2015 | Go to article overview

Firms and the Distribution of Income: The Roles of Productivity and Luck


An NBER conference, "How do Firms Affect the Distribution of Income? The Roles of Productivity and Luck," took place in Palo Alto on November 13-14. Labor Studies Program Director David Card of University of California, Berkeley, and Research Associates Edward Lazear and Kathryn Shaw of Stanford University, organized the meeting. These papers were discussed:

* Erling Barth, Institute for Social Research and NBER; James Davis, Bureau of the Census; and Richard B. Freeman, Harvard University and NBER, "Augmenting the Human Capital Earnings Equation with Measures of Where People Work"

* John Haltiwanger, University of Maryland and NBER, and Henry R. Hyatt and Erika McEntarfer, Bureau of the Census, "Do Workers Move Up the Firm Productivity Job Ladder?"

* Chinhui Juhn, University of Houston and NBER; Kristin McCue and Holly Monti, Bureau of the Census; and Brooks Pierce, Bureau of Labor Statistics, "Firm Performance and the Volatility of Worker Earnings"

* Edward Lazear and Kathryn Shaw, Stanford University and NBER, and Christopher Stanton, Harvard University and NBER, "Who Gets Hired? The Importance of Finding an Open Slot"

* David Card and Patrick Kline, University of California, Berkeley, and NBER; Ana Rute Cardoso, Institute for Economic Analysis (Barcelona); and Jorg Heining, Institute for Employment Research (Nuremberg), "Firms and Labor Market Inequality: A Review"

* John M. …

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