Fuller, David L.; Kudlyak, Marianna; Lkhagvasuren, Damba - In: Journal of Economic Dynamics and Control 47 (2014) C, pp. 39-53
We construct a multi-sector search and matching model where the unemployed receives idiosyncratic productivity shocks that make working in certain sectors more productive than in the others. Agents must decide which sector to search in and face moving costs when leaving their current sector for...
