Lisbon Macro Workshop @lisbonmacro.bsky.social · 30/08/2025@lpvisschers.bsky.social documents that year-to-year earnings growth is cyclically skewed: flows & their returns shift over the cycle, especially in the tails. Occupational moves matter most and upward mobility is much higher in expansions. 100
Lisbon Macro Workshop @lisbonmacro.bsky.social · 30/08/2025@haominwang.bsky.social notes that in expansions, occupation switches may yield better skill matches. This may raise questions on frictions, promotions, and how policy shapes wage and occupation dynamics. 010
