Audoly, Richard; De Pace, Federica; Fella, Giulio - 2022
paper is to understand and quantify the forces behind this empirical regularity. We propose a structural model of the labor …-employment. The model is estimated on German Social Security data. By jointly matching moments related to workers' mobility and wages …, the model can replicate the size and persistence of the losses in earnings and wages observed in the data. We find that …