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The Aggregate and Distributional Effects of Spatial Frictions

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NBER2021-05-01 更新2025-01-04 收录
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We develop a general equilibrium model of frictional labor reallocation across firms and regions, and use it to quantify the aggregate and distributional effects of spatial frictions that hinder worker mobility across regions in Germany. The model leverages matched employer-employee data to unpack

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2021-05-01
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