Returns to labor mobility. Layoff costs and quit turbulence

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dc.contributor.authorBaley, Isaac
dc.contributor.authorLjungqvist, Lars
dc.contributor.authorSargent, Thomas J.
dc.contributor.otherUniversitat Pompeu Fabra. Departament d'Economia i Empresa
dc.date.accessioned2024-11-14T10:09:51Z
dc.date.available2024-11-14T10:09:51Z
dc.date.issued2021-07-06
dc.date.modified2024-11-14T10:08:14Z
dc.description.abstractReturns to labor mobility have too often escaped the attention they deserve as conduits of important forces in macro-labor models. These returns are shaped by calibrations of productivity processes that use theoretical perspectives and data sources from (i) labor economics and (ii) industrial organization. By studying how equilibrium unemployment responds to (a) layoff costs, and (b) likelihoods of skill losses following quits, we tighten calibrations of macro-labor models.
dc.format.mimetypeapplication/pdf*
dc.identifierhttps://econ-papers.upf.edu/ca/paper.php?id=1798
dc.identifier.citation
dc.identifier.urihttp://hdl.handle.net/10230/68624
dc.language.isoeng
dc.relation.ispartofseriesEconomics and Business Working Papers Series; 1798
dc.rightsL'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.keywordlabor mobility
dc.subject.keywordquits
dc.subject.keywordturnover
dc.subject.keywordlayoff cost
dc.subject.keywordturbulence
dc.subject.keywordunemployment
dc.subject.keywordhuman capital
dc.subject.keywordmatching model
dc.subject.keywordsearch model
dc.subject.keywordsearch-island model.
dc.subject.keywordMacroeconomics and International Economics
dc.titleReturns to labor mobility. Layoff costs and quit turbulence
dc.title.alternative
dc.typeinfo:eu-repo/semantics/workingPaper

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