important is worker reallocation for aggregate productivity growth? To study this question, I develop a general equilibrium …

Using high-quality administrative data, I analyze workers' opportunity costs of reallocation across occupations by … changes after reallocation and find that workers who change occupations through unemployment face wage losses. Interpreted … would only reallocate when they can recoup the costs of reallocation through wage gains. To shed some light on the question …

labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a …, the model is also consistent with different employment and reallocation outcomes as workers gain experience in the labor …

France, the change in LMI affects new job opportunities in manual jobs: the reallocation of routine workers towards manual …

We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … European economies. Our measure of sectoral labor reallocation is adjusted for aggregate influences and the remaining variation … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …