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Worker Types, Job Displacement, and Duration Dependence
FRB of St. Louis 2021.09.07 원문보기
Recent economic research documents the existence of worker types that vary in their tendencies to switch jobs and flow in and out of unemployment (Gregory, Menzio, and Wiczer, 2021). Splitting up worker types in this way reveals interesting differences in how each type‘s earnings recover after a job loss. The type-composition of the unemployment pool is key for understanding labor market phenomena that have been active topics of research for decades.
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