Job Amenity Shocks and Labor Reallocation
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https://www.nber.org/papers/w33787
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We introduce aggregate shocks to workers' value of job amenities in a frictional equilibrium model of the labor market with on-the-job search, where the job creation cost is sunk and quits trigger vacancies. We examine how key labor market indicators respond to this shock: when the valuation of the
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美国国家经济研究局创建时间：
2025-05-01
