Bello, Salvatore Lo; Morchio, Iacopo - In: Quantitative economics : QE ; journal of the … 13 (2022) 2, pp. 629-679
We develop a dynamic quantitative model of occupational choice and search frictions with multiple channels of intergenerational transmission (comparative advantage, social contacts, and preferences), and use it to decompose the occupational persistence observed in the UK. In the model, workers...