We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously separate from employment and endogenously reallocate between...

Die Sorge, ein steigender Technologieeinsatz im Berufsalltag könnte zu Arbeitsplatzverlusten führen, scheint bislang unbegründet. Eine Analyse von Mobilitätsprozessen sozialversicherungspflichtig Beschäftigter in einer repräsentativen 2-Prozent-Stichprobe von Prozessdaten der Bundesagentur...

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously separate from employment and endogenously reallocate between...

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously separate from employment and endogenously reallocate between...