The climate change has contributed to the decline of the labor share.

The introduction of recall options provides a novel mechanism that reconciles the puzzle of a positive comovement between separation and job finding rate over the life cycle.

We study a model where Becker meets Diamond-Mortensen-Pissarides and Bewley-Huggett-Aiyagari.

This paper aims to quantify the mechanisms and the extent to which parental wage risk passes through to children’s skill development.